subject
Business, 23.07.2019 02:20 trin83

In year 4, fay sold 100 shares of gym co. stock to her son, martin, for $11,000. fay had paid $15,000 for the stock in year 1. subsequently in year 4, martin sold the stock to an unrelated third party for $16,000. what amount of gain from the sale of the stock to the third party should martin report on his year 4 income tax return

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
Answers: 1
question
Business, 22.06.2019 14:10
When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
Answers: 2
question
Business, 22.06.2019 18:10
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
Answers: 1
question
Business, 23.06.2019 11:40
Mandela manufacturing thinks that the best activity base for its manufacturing overhead is machine hours. the estimate of annual overhead costs is $540,000. the company used 1,000 hours of processing for job a15 during the period and incurred actual overhead costs of $580,000. the budgeted machine hours for the year totaled 20,000. what amount of manufacturing overhead should be applied to job a15? $29,000. $540. $580. $27,000.
Answers: 2
You know the right answer?
In year 4, fay sold 100 shares of gym co. stock to her son, martin, for $11,000. fay had paid $15,00...
Questions
question
Mathematics, 05.03.2020 20:15
question
Business, 05.03.2020 20:16
Questions on the website: 13722360