Write the answers on paper. After you are done, show the ans…

Write the answers on paper. After you are done, show the answers on the webcam. After you complete the entire exam, take a photo of the answers, crop, make sure it is clearly seen, and submit it in the assignment titled Exam2 Work within 10 minutes.  If your submission do not match with the work shown on the webcam, you will receive NO credit. What is the molarity of a 30.0% (w/w) hydrogen peroxide solution? The density of this solution is 1.11 g/mL. Only put the number in the box below.

On June 2, Ashley purchased 100 shares of stock for $10,000….

On June 2, Ashley purchased 100 shares of stock for $10,000. When it was worth $20,000, on December 25 of the same year, she gifted all the stock to her nephew, Richard. Richard sold the stock on the following October 15th, for its fair market value of $25,000. What is Richard’s tax consequence?

Bill, who is single, sells his personal residence to move fr…

Bill, who is single, sells his personal residence to move from Atlanta to Chicago due to being transferred by his employer. He has owned and used the house for 18 months. The sale price is $460,000, selling expenses are $25,000 and his adjustable taxable basis is $180,000. What, if any, is Bill’s taxable gain?