subject
Business, 15.08.2020 20:01 ahmed5774

A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the decedent's death was $500,000. The decedent had paid $280,000 for the stock six years ago. The beneficiary sold the stock two months after receipt for $510,000. What is the beneficiary's recognized gain for the year related to the stock?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 16:40, adreyan3479
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
image
Business, 22.06.2019 19:50, hallkanay7398
Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?
Answers: 3
image
Business, 23.06.2019 06:10, ofmiceandkj1
The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav
Answers: 1
image
Business, 23.06.2019 07:40, babyquinnz
Donald has created a trust for the benefit of his three nephews, huey, dewey, and louie, who are all minors. donald plans on making annual contributions to the trust. donald would like his annual contributions to the trust to qualify for the annual exclusion. what would be the best way to accomplish this goal? a)
Answers: 3
You know the right answer?
A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the deced...

Questions in other subjects:

Konu
Mathematics, 26.06.2019 07:00
Konu
History, 26.06.2019 07:00