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NEW QUESTION: 1
Greller owns 100 shares of Arden Corp., a publicly-traded company, which Greller purchased on January 1, 2001, for $10,000. On January 1, 2003, Arden declared a 2-for-1 stock split when the fair market value (FMV) of the stock was $120 per share. Immediately following the split, the FMV of Arden stock was $62 per share. On February 1, 2003, Greller had his broker specifically sell the 100 shares of Arden stock received in the split when the FMV of the stock was $65 per share. What is the basis of the 100 shares of Arden sold?
A. $6,200
B. $6,500
C. $5,000
D. $6,000
Answer: C
Explanation:
Explanation
Choice "a" is correct. The receipt of a nontaxable stock dividend will require the shareholder to spread the basis of his original share over both the original shares and the new shares received resulting in the same total basis, but a lower basis per share of stock held. Therefore, Greller total basis remains the same, $10,000, but is now split between 200 shares (a 2-for-1 split and he originally owned 100 shares).
Therefore, his basis per share goes from $100/share ($10,000/100) to $50/share ($10,000/200).
Consequently, his basis in 100 share is 100 x $50 = $5,000.
Choices "b", "c", and "d" are incorrect per the above explanation.
NEW QUESTION: 2
A pharmaceutical manufacturer is designing an experiment to test four different capsule ingredients designed to reduce dissolution time. Each ingredient will be tested at 10 milligrams and 40 milligrams. A full factorial design is used with five replications per run. The number of levels, factors and runs is, respectively:
A. 2, 20, 16
B. 4, 5, 8
C. 10, 4, 40
D. 2, 4, 16
Answer: D
NEW QUESTION: 3
You have a server named Server1 that runs Windows Server 2012 R2.
Server1 has the Windows Deployment Services server role installed.
You back up Server1 each day by using Windows Server Backup.
The disk array on Server1 fails.
You replace the disk array.
You need to restore Server1 as quickly as possible.
What should you do?
A. Start Server1and press F8.
B. Start Server1 and press Shift+F8.
C. Start Server1 from the WindowsServer 2012 R2 installation media.
D. Start Server1 by using the PXE.
Answer: C
Explanation:
Section: Volume C
Explanation/Reference:
Explanation:
A. Recovery of the OS uses the Windows Setup Disc
References:
https://technet.microsoft.com/en-us/library/cc753920.aspx
http://www.windowsnetworking.com/articles_tutorials/Restoring-Windows-Server-BareMetal.html
NEW QUESTION: 4
Which role of a Project Sponsor is true?
A. stakeholder or stakeholders who have the ultimate decision-making authority and influence
B. stakeholder or stakeholders for whom the decision may either directly or indirectly impact
C. stakeholder or stakeholders who have requested the communication
D. stakeholder or stakeholders who have influence on the relationship between other stakeholders and the person delivering the message.
Answer: C