Answer:
D. -$1,116
Explanation:
Total amount of purchase = number of shares * price per share
= 300 * $8.62
= $2,586
Total dividends received = number of shares * dividend per share
= 300* $0.10
= $30
Total proceeds from sale of shares = number of shares sold * price per share
= 300* $4.80
= $1,440
Total dollar return = (Total proceeds from sale of shares + Total dividends received - amount of purchase)
= $1,440 + $30 - $2,586
= -1,116
Answer:
Seojun's Adjusted Gross income is $140,000.
Explanation: Adjusted Gross income(AGI) is a term used in Financial accounting to describe the total amount of gross income remaining after certain deductions have been made to the Gross income of a business entity over a given period of time.
Since Seojun is not a Material participant,the $50,000 loss can not be considered in calculating Seojun's Adjusted Gross income.
Answer:
$20000 gain for John Corporation and $10000 loss for Bass Corporation.
Explanation:
John Corporation gain(loss) = FMV of property - Liability assumed - Stock basis
= 55000-10000-25000
= 20000
Bass Corporation gain/loss = 55000-65000
= - 10000
Therefore, $20000 gain for John Corporation and $10000 loss for Bass Corporation.
Answer: Is the business manegement?
Explanation: If what unit and lesson i did all
