Inches and centimeters are different units of measurement, one English, one metric. Converting from one to the other requires use of a conversion factor.
One such factor can be derived from 1 inch = 2.54 cm. This means that one inch is 2.54 times longer than one cm.
Answer:
x= -4
Step-by-step explanation:
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
