Question
Mr. Green makes numerous purchases of his favorite stock, ACME limited. Over the past 2 years the following purchases took place: Shares Purchased Per Share
Mr. Green makes numerous purchases of his favorite stock, ACME limited. Over the past 2 years the following purchases took place:
Shares Purchased Per Share Value
January 15, 2019 Purchase 600/12.75
March 12, 2019 Purchase 400/14.95
June,6, 2019 purchase 350/15.25
February 14, 2020 Purchase 815/12.95
October 1, 2020 Purchase 625/13.25
As Mr. Green is sometimes unsure of this stock, he did have some sales over the past 2 years
Shares sold Selling price per share
May 1, 2019 sale 310/15.15
September 8, 2019 sale 225/13.75
May 21, 2020 sale 730/14.75
December 1, 2020 Sale 250/18.65
Determine Mr. Park's taxable capital gains (losses) for 2019 and 2020 and the cost of the shares he has on hand at the end of 2020.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
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