Heather owns 400 shares of diego corporation common stock for which she paid $4,000. she receives a nontaxable stock dividend of 20 shares of preferred stock on her common stock. the fair market values on the date of distribution of the preferred stock dividend are $20 a share for common stock and $100 a share for preferred stock. what is heather’s basis in the common and preferred shares?
heather's basis for the common stock is $ and $ for the preferred stock.

Payday loans could be considered as a. illegal b.subprime lending c. good deal for borrower d. for frequent use

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)