subject
Business, 12.09.2019 19:10 Justtrynapassclass

Sue has 5,000 shares of sony stock that have an adjusted basis of $27,500. she sold the 5,000 shares of stock for cash of $10,000, and she also received a piece of land as part of the proceeds. the land was valued at $20,000 and had an adjusted basis to the buyer of $12,000.what is sue's gain or loss on the sale of 5,000 shares of sony stock?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:10, Pipemacias1711
9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation
Answers: 2
image
Business, 22.06.2019 12:00, ajayrose
Describe the three different ways the argument section of a cover letter can be formatted
Answers: 1
image
Business, 22.06.2019 12:10, latdoz0952
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
image
Business, 22.06.2019 19:20, josh200508
Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.
Answers: 2
You know the right answer?
Sue has 5,000 shares of sony stock that have an adjusted basis of $27,500. she sold the 5,000 shares...

Questions in other subjects:

Konu
Mathematics, 26.02.2021 23:10