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- Tammy bought 100 shares of stock on January 30, 2021 when the share price was $20. She sold the stock for $24 a share on January 31, 2022. What is the gain or loss from this transaction? Is it a long- or short-term capital gain or loss?On October 30, 2019, Tess bought 500 shares of ACTS stock for ₱ 640.00 per share. OnNovember 15, 2020, ACTS paid a ₱ 620.00 dividend per share, and on January 15, 2021,she sold the stock for ₱ 677.80 per share. Did Tess gain or lose on the investment? Howmuch money did she gain or lose in the investment?February 20, 2021: Lee Remington purchased 100 shares of Oak Corp. stock for $40 a share. April 7, 2021: Lee sold 50 shares of Oak Corp. stock for $30 a share. April 24, 2021: Lee purchased 25 shares of Oak Corp. stock for $35 a share. What is the basis of the 25 shares purchased on April 24, 2021 * Explain in Full detail.
- Carlos purchases a stock on January 6 2021 for $32. The stock pays him a dividend of $4.1 on March 15th of each year. If he sells the stock on January 6, 2025 for $35, what is his holding period return? Enter your answer as a whole percentage (e.g. if your answer is .1275, then enter 12.75). Your Answer:Nico bought 100 shares of a company's stock for $22.00 per share on January 1, 2018. He received a dividend of $2.00 per share at the end of 2018 and $3.00 per share at the end of 2019. At the end of 2020, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized holding period return?Irina purchased 1000 common shares of Pacific Corporation stock at $18/share in 2013, to be held for investment. In 2019, she received a 5% nontaxable common stock dividend when the shares were worth $15/share. What is the per share basis of Irina's Pacific Corporation stock? Group of answer choices 17.86 18.00 17.14 15.00
- Jonell purchases stock in Green Corp. on January 1, 2021 for $16,000. On November 30, 2021, Jonell gifts the bond to her daughter, Melody. The stock declares and pays $2,400 in dividends in 2021: $1500 dividend on June 1, 2020 and a $900 dividend on December 30, 2020. How much income is reported by Jonell? Melody?Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $445,000. On December 12, 2020, Kevin purchases an additional 750 shares of Bluebird stock for $311,500. According to market quotations, Bluebird stock is selling for $445 per share on 12/31/20. Kevin sells 500 shares of Bluebird stock on March 1, 2021, for $249,200. What is Kevin's recognized gain or loss from the sale of Bluebird stock on March 1, 2021, assuming the shares sold are from the shares purchased on December 12, 2020? Kevin's recognized gain is $_______. (Side note: $41533.33 is wrong)LO.1, 2, 4 On December 28, 2019, Kramer sells 150 shares of Lavender, Inc. stock for $77,000. On January 10, 2020, he purchases 100 shares of the same stock for $82,000. b. Assuming that Kramer's adjusted basis for the stock sold is $89,000, what is his recognized gain or loss? What is his basis for the new shares?
- Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $445,000. On December 12, 2020, Kevin purchases an additional 750 shares of Bluebird stock for $311,500. According to market quotations, Bluebird stock is selling for $445 per share on 12/31/20. Kevin sells 500 shares of Bluebird stock on March 1, 2021, for $249,200. 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 the shares sold are from the shares purchased on December 12, 2020? In your computations, round the per share amount to the nearest whole dollar and use the rounded amount in subsequent computations. Kevin's recognized _______ is $__________. c. What is Kevin's recognized gain or loss from the sale of Bluebird stock on March 1, 2021, assuming Kevin cannot adequately identify the shares sold? Kevin's recognized _______ is $__________.Mahan purchases 1,000 shares of Bluebird Corporation stock on October 3, 2022, for $280,000. On December 12, 2022, Mahan purchases an additional 750 shares of Bluebird stock for $196,000. According to market quotations, Bluebird stock is selling for $280 per share on 12/31/22. Mahan sells 500 shares of Bluebird stock on March 1, 2023, for $156,800. a. What is the adjusted basis of Mahan's Bluebird stock on December 31, 2022? Feedback Check My Work b. What is Mahan's recognized gain or loss from the sale of Bluebird stock on March 1, 2023, assuming the shares sold are from the shares purchased on December 12, 2022? In your computations, round the per share amount to the nearest whole dollar and use the rounded amount in subsequent computations. Mahan's recognized gain ✓is $ Feedback Check My Work Partially correct c. What is Mahan's recognized gain or loss from the sale of Bluebird stock on March 1, 2023, assuming Mahan cannot adequately identify the shares sold? Mahan has a recognized…Jared purchased 300 shares of OXG stock on August 2, 2020, for $1,500. In October 2021, OXG issued a 10% stock dividend. Jared now owns 330 shares and his basis is:
