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NEW QUESTION: 1
Greller owns 100 shares of Arden Corp., a publicly-traded company, which Greller purchased on January
1 , 2001, for $10,000. On January 1, 2003, Arden declared a 2-for-1 stock split when the fair market value
(FMV) of the stock was $120 per share. Immediately following the split, the FMV of Arden stock was $62
per share. On February 1, 2003, Greller had his broker specifically sell the 100 shares of Arden stock
received in the split when the FMV of the stock was $65 per share. What is the basis of the 100 shares of
Arden sold?
A. $6,200
B. $6,000
C. $5,000
D. $6,500
Answer: C
Explanation:
Explanation
Choice "a" is correct. The receipt of a nontaxable stock dividend will require the shareholder to spread the
basis of his original share over both the original shares and the new shares received resulting in the same
total basis, but a lower basis per share of stock held. Therefore, Greller total basis remains the same,
$ 10,000, but is now split between 200 shares (a 2-for-1 split and he originally owned 100 shares).
Therefore, his basis per share goes from $100/share ($10,000/100) to $50/share ($10,000/200).
Consequently, his basis in 100 share is 100 x $50 = $5,000.
Choices "b", "c", and "d" are incorrect per the above explanation.

NEW QUESTION: 2
Which Big SQL statement can be used to store a single row into an HBase table?
A. LOAD HIVE DATA
B. LOAD USING ... INTO HBASE TABLE
C. CREATE HBASE TABLE
D. INSERT INTO HBASE
Answer: D
Explanation:
Reference:
https://www.ibm.com/support/knowledgecenter/en/SSPT3X_3.0.0/ com.ibm.swg.im.infosphere.biginsights.bigsql.doc/doc/bsql_insert.html

NEW QUESTION: 3
When an EC2 instance mat is backed by an S3-Dased AMI is terminated, what happens to the data on the root volume?
A. Data is automatically saved as an EBS snapshot.
B. Data is unavailable until the instance is restarted
C. Data is automatically saved as an EBS volume.
D. Data is automatically deleted
Answer: D

NEW QUESTION: 4
Which of the following protocols is used to configure devices and to gather information for reporting?
A. PoE
B. SNMP
C. POP3
D. MIB
Answer: B

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