Helpful to businesses, but not particularly helpful in making personal buying decisions.
Answer:
c. IRS rules allow the taxpayer to specify which shares being sold
Explanation:
As eahc method will make the capital gain or loss to differ the Internal Revenue Service leaves to the stockholder to decide the method
The default method is the FIFO method which states the first shares purchased are the first sale but, leaves choise to the stockhodler to use specific identification which, is what the statement correctly points out.
The method are not "required" but allowed as the stockholder see fit.
T<span>he equipment to plant, harvest, and transport grain used by the farmers in KS is powered by diesel fuel. Therefore, an increase in the price of the fuel will also increase the price of the bread. The main ingredients of the bread </span>are <span>coming from the farmers' harvest of grain. When the price of the fuel would increase, the farmers would be selling their grains at a higher price which would yield to a higher price of the bread.</span>
Answer:
D) 3 years' worth of dividends will be paid to preferred shareholders prior to paying anything to common shareholders.
Explanation:
Shareholders are the individuals or institutions that hold the stock of a company making the owners of the business. Shareholders can either be common shareholders or preferred shareholders. Common shareholders are more prevalent and have voting rights in matters concerning the company.
Preferred shareholders hold preferred stock. They are rare and have no voting rights in the way the organization is managed. Preferred shareholders are entitled to a fixed amount of dividend every year. Dividends to preferred shareholders have to be paid first before common shareholders are paid out. Usually, common stockholders will be last to paid last in the event of dividends payouts or in times of liquidation.
