Business, 19.03.2020 21:10 ohgeezy

A customer holds 1,000 shares of ABC stock valued at 80 in a margin account. The debit balance in the account is $35,000. ABC declares and pays a 20% stock dividend. The tax consequence of the distribution to the investor will be:

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A customer holds 1,000 shares of ABC stock valued at 80 in a margin account. The debit balance in th...

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