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hjlf
2 years ago
6

Grady exchanges qualified property, basis of $21,833 and fair market value of $26,200, for 60% of the stock of Eadie Corporation

. The other 40% of the stock is owned by Pedro, who acquired it five years ago. Calculate Grady's current income, gain, or loss and the basis he takes in his shares of Eadie stock as a result of this transaction.
Business
1 answer:
Svetach [21]2 years ago
3 0

Answer:

$26,200

Explanation:

Current gain = Fair market value of the property - Basis of qualified property = $26,200 - $21,833 = $4367. Thus, the amount of Grady current gain is $4,367

We now determine the basis that Gredy takes for the share of Eadie stock

Basis = Original basis of qualified property + Current gain

Basis = $21,833 + $4,367

Basis = $26,200

Thus,  basis that Gredy takes for the share of Eadie stock is $26,200

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You purchased 100 shares of IBM common stock on margin at $130 per share. Assume the initial margin is 50%, and the maintenance
N76 [4]

Answer:

$46.43

Explanation:

Calculation for Below what stock price level would you get a margin call

First step is to calculate the Loan amount

Loan amount=(100 shares × $130 × 0.5

Loan amount= $6,500 × 0.5 = $3,250

Now let calculate Stock price level

0.30 = (100P $3,250)/100P

30 - P = 100P - $3,250

30-100P= - $3,250

-70P = -$3,250

P=$3,250/70

P = $46.43

Therefore Below what stock price level would you get a margin call will be $46.43

7 0
2 years ago
Natalia's role with her new team was to produce periodic reports on the team's progress. Her reports were not in the preferred f
Ede4ka [16]

The most likely cause of Natalia's poor performance is the lack of feedback

<h3>What is lack of feedback in communication?</h3>

In communication, the lack of feedback means the situation whereby a sender fails to get an acknowledgement that his/her message was sent.

Therefore, in conclusion, the most likely cause of Natalia's poor performance is the lack of feedback.

Read more about feedback

<em>brainly.com/question/1211593</em>

6 0
2 years ago
Which of the following is not required to prove innocent representation?
g100num [7]

Answer:

I think it is C

hope I'm right

5 0
3 years ago
A financier plans to invest up to $400,000 in two projects. Project A yields a return of 11% on the investment of x dollars, whe
Alika [10]

Answer:

Profit = $  49,600.

Explanation:

Given data:

Total investment $400,000

First, A + B = $400,000, since total money to invest $400,000.

from data given we  have

Secondly, your revenue equation would be 1.1x + 1.15y = R

Since you earn the most from the B investment, use the max of 35% of 400,000 for y:

35% of 400,000 = 140,000 = y ;

400,000 - 140,000 = 260,000 = x

from revenue equation we have

1.11(260,000) + 1.15(140,000) = 449,600 = R

Profit = revenue - investment = 449,600 - 400,000 = 49,600.

3 0
2 years ago
Which of the following should employers do to actively prevent workplace hazards? A. Completely eliminate all possible hazards.
wlad13 [49]
Your answer is D hope this helps
4 0
3 years ago
Read 2 more answers
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