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bixtya [17]
3 years ago
11

Collins, Inc. issued a nontaxable stock dividend of one share for each share owned. Melissa, a shareholder of Collins, had a tot

al basis in her 500 shares of stock of $5,000. The total basis of Melissa's 1,000 shares of stock after the dividend is ______.
Business
1 answer:
DiKsa [7]3 years ago
7 0

Answer:

$5,000

Explanation:

Based on the information given we were told that had a total basis in her 500 shares of stock of the amount of $5,000 which means that The total basis of Melissa's 1,000 shares of stock after the dividend is $5,000 which is her total basis in her 500 shares of stock.

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Which transitional word or phrase would most efficiently increase the cohesiveness of the following sentences?
Yanka [14]

Answer:

however

Explanation:

The best of the transitional word or phrase would most efficiently increase the cohesiveness of the following sentences is ''however''

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Person A earns $100,000 per year, while person B earns $45,000 per year.
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3 0
3 years ago
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A firm has an equity multiplier of 1.57, an unlevered cost of equity of 14 percent, a levered cost of equity of 15.6 percent, an
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Answer:

10.45%

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B/S = .57

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6 0
3 years ago
Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows a
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Answer:

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