Sarah purchased a stock one year ago at a price of $32 a share. In the past year, she has received four quarterly dividends of $0.75 each. Today she sold the stock for $38 a share. Her capital gain per share is
A) $3.00.
B) $6.00.
C) $(6.00).
D) $9.00.
Answer: B
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Taxable income is governed by the doctrine of constructive receipt or ability to pay.
Answer the following statement true (T) or false (F)
The ________ section is an honest accounting of major aspects of the research that constrain or temper the findings and conclusions
A) method B) limitations C) conclusions D) findings E) recommendations
Ethnocentrism is
A) the acceptance of cultural diversity. B) belief in the superiority of one's own culture. C) a tendency toward centrally controlled communication. D) adherence to strict ethical standards. E) the use of culture-bound terminology.
When can a sole proprietorship legally be dissolved?
a. sales exceed $1 million
b. the partners reorganize the firm's structure
c. earnings are less than $500,000
d. the owner donates profits
e. the owner dies