Business, 16.03.2020 22:02 jeff568463
On September 1, Year 1, Pete Moss bought 2,500 shares of Bicycle Bob's, Inc. stock for $180,000. The FMVs of this stock on certain dates were as follows: July 23, Year 6$175,000 August 5, Year 6190,000 Moss died on July 23, Year 6, bequeathing this stock to his son, Joe. The stock was distributed to Joe on August 5, Year 6. No elections were made with respect to valuing the stock. Joe's basis in this stock is a. $175,000 b. $180,000 c. $190,000 d. $180,000 plus applicable inheritance taxes.
Answers: 1
Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
Answers: 2
Business, 22.06.2019 11:10
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
On September 1, Year 1, Pete Moss bought 2,500 shares of Bicycle Bob's, Inc. stock for $180,000. The...
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