Sandra acquired the following ordinary shares in Pincom plc: Date 29 January 1995 13 August 1999 4
Question:
Sandra acquired the following ordinary shares in Pincom plc:
Transcribed Image Text:
Date 29 January 1995 13 August 1999 4 October 2011 No of shares (a) 8,400 (b) 6,300 (c) 5,200. 1,000 1,000 2,000 Cost 4,000 9,500 22,500 On 26 June 2017, Sandra sold 700 of her shares in Pincom plc. Assuming that she acquired no further shares in the company during 2017, calculate the chargeable gain or allowable loss if her sale proceeds in June 2017 were:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
Answered By
Sumit kumar
I am an experienced online essay writer with a thorough understanding of any curriculum.and subject expert at Chegg for mathematics, CS subjects..
4.90+
5+ Reviews
13+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Sandra acquired the following ordinary shares in Pincer plc: On 26 June 2021, Sandra sold 700 of her shares in Pincer plc. Assuming that she acquired no further shares in the company during 2021,...
-
Question 1 This question has two parts, (A) and (B). Answer both parts. 100% Liverpool plc is a company that manufactures a number of different types of electrical goods and has a year end of 31...
-
Relevant statements of financial position as at 31 March 2017 are set out below: You have recently been appointed chief accountant of Jasmin (Holdings) plc and are about to prepare the group...
-
The Cano Company is decentralized, and divisions are considered investment centers. Cano has one division that manufactures oak dining room chairs with upholstered seat cushions. The Chair Division...
-
A sample of two printed circuit boards is selected without replacement from a batch. Describe the (ordered) sample space for each of the following batches: (a) The batch contains 90 boards that are...
-
You are preparing to study the social media habits of high school students. Describe two categorical variables and two quantitative variables that you might record for each student.
-
The get a concrete feeling for the difficulties in integer programming, let us consider a pure integer LP borrowed from [35]: We might think that a simple way to get a good solution, even though not...
-
Isha Shah and Brian Ruben agreed to form a partnership. Shah contributed $400,000 in cash, and Ruben contributed assets with a fair market value of $800,000. The partnership, in its initial year,...
-
1. If you have the following binary image and structure element, find the outer and inner object boundary (show the steps). 0 0 0 0 0 0 0 0 0 0 0 0 0 0 011110 0 0 0 0 1 1 1 10 0 0 0 1 1 1 1 0 0 0 0 0...
-
On 31 March 1978, Philip acquired a 45-year copyright at a cost of 75,000. The copyright was valued at 82,000 on 31 March 1982. On 31 March 2018, Philip sold the copyright for 47,000. Compute the...
-
Katherine acquired a 40-year lease on a property on 31 August 1999 for 75,000. On 31 August 2017 she assigned the lease to Francesco for 97,500. The property was never Katherine's residence. Compute...
-
Martin Enterprises needs someone to supply it with 110,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and youve decided to bid on the contract. It...
-
Do we have an obligation to help other people? Why or why not?
-
A firm orders apparels from a distant country and can order only once for the entire season. This ordering follows the assumption of the newsvendor model. The firm forecasts that their average demand...
-
Analyze the strategy of internationalization of McDonald's company including the following: describe the basic priorities of the company on international markets according the specificities of the...
-
Should surrogacy be used by poor communities as one of their strategies or tools to reduce family poverty?
-
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales.... Variable expenses Contribution margin Fixed expenses.. Net operating income. Total...
-
The following data were taken from the general ledgers and other data of Alpha Manufacturing, Inc., and Bravo Merchandising Co. on April 30 of the current year: Merchandise inventory, April 1 . . . ....
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
S Ltd has taxable total profits of 120,000 for the six months to 30 September 2020 and receives no dividends. Until 1 June 2019, S Ltd had no related 51% group companies. However, on that date, its...
-
E Ltd has taxable total profits of 800,000 for the year to 31 March 2021 and receives no dividends. For many years, the company has owned 65% of the ordinary shares of F Ltd and 30% of the ordinary...
-
Glenda has been self-employed for many years and prepares accounts to 31 March each year. Her adjusted profits (after deduction of capital allowances) are currently running at approximately 80,000...
-
What is the output of the following code. Assume a, signifies a new line. = list ["13", "10", "Mike", "Sue"] while len(list) > 4: x = list.pop() print(x) print("done")
-
Create a function in JavaScript that takes a string as input and returns the reversed version of that string. For example, if the input is "hello", the output should be "olleh".
-
A bank is trying to measure its ability to quickly sell some securities if it runs into a liquidity problem. Given the following information, calculate the immediate, one-week, two-week and one-month...
Study smarter with the SolutionInn App