subject
Business, 18.02.2020 20:43 hannahgrac3

On January 31 of this year, Jennifer pays $700for an option to aquire100 sharesof lifetime corporation common stock for $70 per share. Jennifer exercises the option on June 2. Jennifer sells the stock on April 30 of the next yearfor $10,000. Jennifer's basis for the stock immediately before the sale is?

a. -0-

b. $700

c. $7,000

d. $7,700

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
Vulcan company is a monthly depositor whose tax liability for march 2019 is $2,510. 1. what is the due date for the deposit of these taxes? march 17 2. assume that no deposit was made until april 29. compute the following penalties. assume a 365-day year in your computations. round your answers to the nearest cent. a. penalty for failure to make timely deposits. $ b. penalty for failure to fully pay employment taxes $ c. interest on late payment (assume a 5% interest rate). $ d. total penalty imposed $
Answers: 3
question
Business, 22.06.2019 04:30
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
question
Business, 22.06.2019 07:20
Go follow my instagram atx_humberto
Answers: 2
question
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
You know the right answer?
On January 31 of this year, Jennifer pays $700for an option to aquire100 sharesof lifetime corporati...
Questions
question
Chemistry, 15.12.2020 03:50
question
Biology, 15.12.2020 04:00
question
Computers and Technology, 15.12.2020 04:00
question
Mathematics, 15.12.2020 04:00
question
Arts, 15.12.2020 04:00
Questions on the website: 13722367