Troy has a basis of $39 per share
total value of shares is $3900
Step-by-step explanation:
On July 1, the date of the gift, the stock was selling for $39 per share.
Troy's basis in the stock = current value of shares
No need to consider the base rate which is in 15 years ago
The current rate of 100 shares = $39 × 100 = $3900
Troy has a basis of $39 per share
total value of shares is $3900
Answer:
1.74 pounds
Step-by-step explanation:
2.65 + 1.85 + 2.46 = 6.96/4 = 1.74lbs.
The neighbors will each get 3/5 cherry pies and 2/5 apple pies.
or
The neighbors will each get 0.8 cherry pies and 0.4 apple pies
Cherry pies each neighbor gets = 3 ÷ 5 = 3/5 = 0.8 pies
Apple pies each neighbor gets = 2 ÷ 5 = 2/5 = 0.4 pies
