Answer: He incur $10 per share for tax purposes.
Explanation:
Formula to calculate a gain or loss for tax purposes:
Gain or Loss for tax purposes = proceeds - cost basis
Cost per share = $ 60
After 2 for 1 stock split, the value of per share = (Cost per share) ÷2
= ($60) ÷2 = $30
Sale price of a share = $40
Since, $40 > $30, i.e. Sale price> Cost per share .So its a gain.
Gain= $40 - $30 = $10
Hence, he incur $10 per share for tax purposes.
A. Obtain experience on leadership and management
Explanation: You need to be able to experience something before you can tell if your good at it
Answer:
Businesses begin to hire again.
Explanation:
Economic recovery is <u>the phase of the economy that follows a recession, during which an economy regains and exceeds peak employment</u> and output levels prior to downturn.
A recovery period is <u>characterized mainly by</u> high levels of growth in real gross domestic product, <u>employment</u>, corporate profits, and other indicators.
Therefore as given in the scenario, ''after several quarters of a severe recession, the reason there might be <u>a decrease in the official unemployment rate is because of growth in employment as businesses begin to hire again.</u>
Answer:
A. have permission from the government.
B. face a downward-sloping demand curve.
C. set price equal to marginal cost.
D. be sure the price-marginal cost ratio is the same for all its submarkets.
Explanation:
Use reputable, authoritative, unbiased sources for your statistics
