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Lily acquired 100 common stock in ABC Corporation for $3,000. After two year, she received stock dividend of 50% which is not taxable. Her basis
Lily acquired 100 common stock in ABC Corporation for $3,000. After two year, she received stock dividend of 50% which is not taxable. Her basis per share is? Explain.
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
7th Edition
027378563X, 9780273785637
