Ion june 30, 2011, cole inc., exchanged 3,000 shares of stone corp. $30 par value common stock for a patent owned by gore co. the stone stock was acquired in 2009 at a cost of $80,000. at the exchange date, stone common stock had a fair value of $45 per share, and the patent had a net carrying value of $160,000 on gore's books. cole should record the patent at:

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories

Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.