Answer is 1440 shares.
Has 10 share in starting .
1st split = 10*2/1 =20
2nd split = 20*2/1 =40
3rd split = 40*3/2 = 60
4th split = 60*3/2 = 90
5th split = 90*2/1 =180
6th split = 180*2/1 =360
7th split = 360*2/1 = 720
8th and last split = 720*2/1 = 1440
so this is how , 1440 share as on current.
please show calculations. Total Shares Basis/Sharo Date 09/18/1998 04/12/2002 06/26/2003 06/12/2003 05/20/2006 12/06/2008 02/20/2010 03/26/2012 Type...
18. John Simpson purchased 10 shares (cost per share $21) of Microsoft stock in its IPO on March 13, 1996. He has held the investment since the original purchase and has not reinvested any cash dividends. The stock split history is below. Calculate the number of shares that John owns today and his basis in each share. Assuming the current market price of Microsoft is $70.00 per share, how much capital gain or loss would John need to report if...
John Simpson purchased 10 shares (cost per share 521) of Microsoft stock in its IPO on March 13, 1996. He has held the investment since the original purchase and has not invested any cash dividends. The stock split history is below. Calculate the number of shares that John owns today and his basis in each share. Assuming the current market price of Microso $70.00 per share, how much capital gain or loss would John need to report the sells the...