On 29 September 2017, Hyacinth makes a transfer consisting of 1,000 shares in a listed company. The
Question:
On 29 September 2017, Hyacinth makes a transfer consisting of 1,000 shares in a listed company. The shares are quoted at 572p - 588p on that date, with recorded bargains at 572p, 577p and 578p. Calculate the market value of the transfer for IHT purposes.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
On 29 September 2021, Hyacinth makes a transfer consisting of 1,000 shares in a listed company. The shares are quoted at 572p - 588p on that date, with recorded bargains at 572p, 577p and 578p....
-
A piston-cylinder device with a set of stops initially contains 0.7 kg of steam at 1.0 MPa and 400C. The location of the stops corresponds to 40% of the initial volume. Now the steam is cooled. Use...
-
Difference between stack and queue?
-
Francis and Peter are in a partnership sharing profits and losses in the ratio 3:2. The following is their trial balance as at 30 September 2020. particulars D ebit C redit Buildings (cost: RM...
-
Do all people with Multiple Sclerosis become disabled?
-
Diekmann Company, a U.S.-based company, acquired a 100 percent interest in Rakona A.S. in the Czech Republic on January 1, 2019, when the exchange rate for the Czech koruna (Ks) was $0.05. Rakonas...
-
In a study designed to better understand the dynamics of walking, a subject stood with one leg at rest, and swung the other leg at various frequencies. The metabolic power expended, in watts per...
-
An investor is considering investing in the long-term bonds and common stock of Companies M and N. Both firms operate in the same industry. Both also pay a dividend per share of $8 and have a yield...
-
Vivian is very precise in her accounts receivable job. She has organized the prior invoices, keeps current on the latest software and updates her skills regularly. She is considered a high performing...
-
Toby dies on 2 March 2018, leaving an estate valued at 400,000. None of the transfers made on death are exempt from IHT. Calculate the IHT due on the estate if the total of the gross chargeable...
-
On 31 March 2011, Martha gave 500,000 to her daughter as a wedding present. On 1 April 2012 she gave 497,000 to a relevant property trust. Martha died on 1 January 2018, having made only these two...
-
Which of the following identifier forms is most readable? Support your decision. SumOfSales sum_of_sales SUMOFSALES
-
NEED ALL TEST cases TO PASS Import unittest def pyramid_builder(blocks): ''' given a certain number of blocks how many layers of a pyriamid can mr. frog build? a pyramid is built as follows... * -> 1...
-
In general for a binary gas, we know that at an elevated temperature T and a reduced pressure P, its diffusion coefficient DAB roughly obeys the following scaling relation: DAB & T 73/2 Here, in the...
-
Evaluate the definite integral. (5x - 8x + 8) dx 8x+8) 0 (5x2 - 8x+8) dx = (Simplify your answer.) 0
-
3. Consider the function defined by: xn f(x) = n!2n(n-1)/2 (b) Evaluate the limit lim n=0 (a) Find the domain of f, i.e. when is the series convergent? f(x) - ex x+0 1 - cos(x)*
-
Approximate the area under the following curve and above the x-axis on the given interval, using rectangles whose height is the value of the function at the left side of the rectangle. (a) Use two...
-
Spherical mirrors. Object O stands on the central axis of a spherical mirror. For this situation, each problem in Table 34-3 gives object distance Ps (centimeters), the type of mirror, and then the...
-
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
-
Baxen is a public limited company that currently uses local accounting standards for its financial reporting. However, the board of directors of Baxen is considering the adoption of IFRS in the near...
-
Assuming that today's date is 1 January 2023, calculate the present value of each of the following (using a discount rate of 7% in each case): (a) 50,000 to be received on 1 January 2026 (b) 100,000...
-
The IASB Conceptual Framework sets out the criteria for the recognition of assets and liabilities in financial statements. For each of the following scenarios explain with reasons whether an asset or...
-
wwwwwwwwwwww 1. Consider a European put option on Modana with a strike price of $40 and four months until expiration. Modana's stock price follows this process with equal probabilities: < 60 30 15 A...
-
Given the data as shown in the table below X Y 54 0.84 42 0.91 66 0.83 74 0.85 92 0.71 a) Assuming the correlation coefficient of X and Y is found to be -0.897995, calculate the slope, m, and y-...
-
A bank offers its client a 5-year locked-in investment at an annual rate of 2.5% with the following terms: 2 years of precounted interest, 3 years of postcounted interest. a) What is the effective...
Study smarter with the SolutionInn App