subject
Business, 21.12.2021 22:30 Wolfzbayne

LO.5 Dennis sells short 100 shares of ARC stock at $20 per share on January 15, 2015. He buys 200 shares of ARC stock on April 1, 2015, at $25 per share. On May 2, 2015, he closes the short sale by delivering 100 of the shares purchased on April 1. a. What are the amount and nature of Dennis’s loss upon closing the short sale? b. When does the holding period for the remaining 100 shares begin? c. If Dennis sells (at $27 per share) the remaining 100 shares on January 20, 2016, what will be the nature of his gain or loss?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:50
Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?
Answers: 2
question
Business, 22.06.2019 11:30
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
question
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
question
Business, 22.06.2019 21:00
Noah met an old friend at a coffee shop. he jotted down the friend's new phone number, but later that afternoon he could not find it or remember what he had done with it. a couple of days later, noah went back to the coffee shop, and while waiting in line, he suddenly remembered where he had put the phone number. this is an example of:
Answers: 1
You know the right answer?
LO.5 Dennis sells short 100 shares of ARC stock at $20 per share on January 15, 2015. He buys 200 sh...
Questions
question
English, 01.11.2020 14:00
question
Mathematics, 01.11.2020 14:00
question
History, 01.11.2020 14:00
question
English, 01.11.2020 14:00
question
Mathematics, 01.11.2020 14:00
question
Mathematics, 01.11.2020 14:00
question
Chemistry, 01.11.2020 14:00
Questions on the website: 13722361