I believe the answer u are looking for is c......You can use the reference to support your claim. however be careful that you still use updated information as well
Business analysis phase of the new product development process
You become broke cause you don't pay your bills on time or car notes that's why the economy is failing
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Answer: Jordan's recognized gain in the year of sale is $2500.
Explanation:
Given that,
Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000
Jordan's grandfather purchase these shares in 1995 for $2500
After four months of her grandfather's death, Jordan sold all of the shares for $7500
So,
Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death
= $7500 - $5000
= $2500
