Exercise 14-21 (Algorithmic) (LO. 3) Heather owns 700 shares of Diego Corporation common stock for which she paid $14,000. She receives a nontaxable stock dividend of 70 shares of preferred stock on her common stock. The fair market values on the date of distribution of the preferred stock dividend are $40 a share for common stock and $200 a share for preferred stock. What is Heather's basis in the common and preferred shares

The u.s. stock market has returned an average of about 9% per year since 1900. this return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year. if you invest $100,000 and you earn 6% a year on it, how much real purchasing power will you have in 30 years?

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.

Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's