Rhonda's per-share basis in the stock when it was sold was <u>$80 per share</u>.
<h3>What is the tax basis of an asset?</h3>
Rhonda's per-share basis in the stock sold refers to her cost tax basis. The tax basis of an asset is the amount of capital investment when computing for tax purposes.
The purchase or cost tax basis may be higher or less than the sale tax basis.
When the purchase tax basis is higher than the sale tax basis, it gives rise to a capital loss and vice versa.
Thus, Rhonda's per-share basis in the stock when it was sold was not $60 or $102 but <u>$80 per share</u>.
Learn more about tax bases at brainly.com/question/25899244
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Answer:
$9,589.75
Explanation:
The computation of the present value of the cash flows should be shown in the excel spreadsheet. Kindly find the two attachment out of which one attachment contains the final values, the other attachment contains the formula sheet
After applying the formulas,
The present value of the cash flows is $9,589.75
Hence, the same is to be considered
Answer: See explanation
Explanation:
Based on the information that were provided in the question, in a situation whereby the court rules in favor of the property owner, the most likely reason for this will be because the payment of the professor are as consistent just exactly as if they had a landlord-tenant relationship between them even though it was just an oral contract that they both had.
In this case, since the professor met his term of the agreement, then he should be given the property.
Answer:
The correct answer is D
Explanation:
ARO stands for Asset retirement obligations, it is a legal obligation which is linked or associated with the retirement of the tangible as well as long lived asset in which the method of the settlement could be conditional on the future event.
So, these are the liabilities linked with the long term asset restoration, evaluated at the fair value in the balance sheet and also increase the balance in the related account of asset.
Answer:
lying to your teacher that u did ur homework
going to the bathroom when they need to learn something special
cheating on an assessment
