adriandehoyos1p3hpwc
08.11.2019 •
Business
Melonie purchased 100 shares of wake corporation stock for $6 per share on august 3, 2017. on december 18, 2018, melonie sells all 100 shares for $4 per share. on january 5, 2019, melonie purchases 50 shares of wake stock for $5 per share. what is the basis of the 50 shares melonie holds on january 5, 2019?
a.$50
b.- 0 -
c.$650
d.$250 e.$350
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Ответ:
The answer is option (a)=$50
Explanation:
Basis of the 50 shares Melonie purchased can be described as its value;
Value of shares purchased on August 3, 2017=(value per share×number of shares)
August 3, 2017 value=(6×100)=$600
Value of shares sold on December 18, 2018=(100×4)=$400
Balance of shares=0
Value balance after sale=(400-600)=-200, she went on a loss of $200
January 5, 2019 purchase 50 shares at 5 dollars each
Total value=(50×5)=250
Total value she has by January 5, 2019=250+(-200)=50
Basis of the 50 shares she has=$50
Ответ:
which Brett helsel
Explanation:
you have to give us an explanation