Business, 24.05.2021 14:00 karennayeli
Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchases an additional 750 shares of Bluebird stock for $80,500. According to market quotations, Bluebird stock is selling for $115 per share on 12/31/20. Kevin sells 500 shares of Bluebird stock on March 1, 2021, for $64,400.
Required:
a. What is the adjusted basis of Kevin’s Bluebird stock on December 31, 2020?
b. What is Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021, assuming dial the shares sold are from the shares purchased on December 12, 2020?
c. What is Kevin’s recognized gain or loss from the sale of Bluebird stock on March 1, 2021, assuming that Kevin cannot adequately identify the shares sold?
Answers: 3
Business, 22.06.2019 07:30
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
Answers: 1
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
Business, 22.06.2019 21:50
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
Business, 22.06.2019 23:40
When randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he knew that sales were low and after talking to his employees, he found morale was also low. at first randy thought attitudes were poor due to low sales, but after working closely with employees, he realized that the poor attitudes were actually the cause of poor sales. randy was able to discover the cause of the problem by utilizing skills.
Answers: 2
Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On Dece...
History, 13.09.2020 17:01
Biology, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
English, 13.09.2020 17:01
Biology, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Biology, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01
Mathematics, 13.09.2020 17:01