Adam Purchased 1,000 Shares of Airco Inc

question 58

Multiple Choice

Adam purchased 1,000 shares of Airco Inc.common stock for $22,000 on February 3,2014.On April 1,2019,Adam received 100 new shares in a nontaxable stock dividend.As of April 1,the stock was trading at $25 per share.Adam sells the 100 new shares on June 15,2019 for $2,400.Due to the stock sale,Adam will recognize a

• A)$100 STCL.
• B)$2,400 STCG.
• C)$400 STCG.
• D)$400 LTCG.

---

Definitions:

Personal Pronouns

Words used to replace a person's name in a sentence, reflecting personal relationships of the speaker with others.

Audience-Centered Messages

are tailored communications focused on the interests, needs, and preferences of the audience, aiming to increase engagement and response.

Feedback

Information given to individuals about their actions or performance, intended to guide future improvements.

Communication Process

The series of steps through which a message is created, transmitted, received, and understood between a sender and a receiver.