Formulas Flashcards
1
Q
Bond Conversion Value
A
(Par value/conversion price)x current market value of stock
2
Q
Calculation of Deductible Loss
A
Must be federally declared disaster
1- use lesser of basis or FMV
2-subtract any insurance coverage
3- subtract $100 floor
4 subtract 10% of AGI
3
Q
Installment sales (calculation of gain)
A
Profit/contract price= gross profit percentage
Then multiple the installment by the percentage
4
Q
Coefficient of Variation
A
SD/Avg return