Valuation shows .0587 shares for a stock that we no longer hold. Bivio & TRP monthly report check out in all respects except for this. How do I close out this item? Ray Marchand
What would be the advantage to either buying stock now with the dividend or paying the dues? Is the dues due at the end of Dec.? If we buy stock, will we use this month's income to pay the dues? I'm not sure of all ...
What would be the advantage to either buying stock now with the dividend or paying the dues? Is the dues due at the end of Dec.? If we buy stock, will we use this month's income to pay the dues? I'm not sure of all ...
We terminated our investment club in August and i was wondering if anyone knew what we have to do about filing a short 1065 return with the IRS? Also, is there anything else we have to do when we terminate?
>>We terminated our investment club in August and i was wondering if anyone knew what we have to do about filing a short 1065 return with the IRS? Also, is there anything else we have to do when we terminate? If you terminated in August, ...
I need help on how to do the accounting on an acquisiiton with both a share and cash buyout. On 12-2-2004, Tellabs acquired Advanced Fibre Communications by paying $12 a share cash and issuing .504 TLAB shares for each AFCI share. Since our club owned ...
This is not a merger. According to the Prospectus, the transaction is fully taxable to shareholders of AFCI. What you need to do is the following: First, determine the value of .504 share of TLAB as of the time of the merger. It's not clear ...
>>This is not a merger. According to the Prospectus, the transaction is fully taxable to shareholders of AFCI. What I meant to say was that this is not a "typical" merger. It is a buyout with mostly cash, and some stock. The transaction is fully ...
On 12-1-04 there was a reorganization and name change for Wellpoint as described in my Subject line above. On our brokerage account it shows we sold our 60 shares for $23.80 per share. We were also charged a Reorganization Fee of $20.00? The stock symbol ...
We have had a member pass away and our bylaws do not indicate the procedure to withdraw this member. He is a partner in the club and my question is the procedure in time of withdrawal. He has a Trust and we have not received ...
You could have a major headache. Most agreements state that notice of death is the equivalent of a request for a full withdrawal. Then the club follows its withdrawal procedure and makes the payoff check payable to the "Estate of [name], deceased". As it is, ...
Paul, Your answer contains some errors and was incomplete. In addition to being a complex transaction because of the stock + cash nature of the merger, the fact that the new company retained the Wellpoint name and ticker symbol adds another wrinkle. Here's what Mike ...
Does anyone know how to account for the FreeMarket spinoff from Motorola? I see where I should be entering the spinoff date as well as the price afterwards, but I'm still lost. Thanks!
Our club owned a stock that completed a reverse split and distributed some stock warrants. Does anyone know how to record the reverse split and stock warrant transactions inside the Bivio site? Thank you in advance, Peter