Answer:
1,000 shares
Explanation:
The 318 attribution rule states that stock owned directly or indirectly by a partnership is considered to be owned by any partner that owns 5% or more in the business.
This is relevant to family owned businesses and is a way to mark out principal owners of a business in order to avoid tax evasion and fraud.
In this scenario John directly owns 700 of the outstanding shares. But according to the 318 attribution rule, since he he is a 50% partner he owns half of the outstanding 2,000 shares. That is 1,000 shares.
After Dexter appeals to the state court of appeals and loses again, he files his next appeal with the <u>Georgia Supreme Court</u>.
<h3>What is a Court hierarchy?</h3>
This refers to the arrangement of courts in the method through which appeal flows. If the judgement at the lower court is not satisfying, an appeal can be made to the higher court in order to get redress and justice.
In conclusion, the Supreme court is the highest court in the Georgia state after the Court of appeal.
Read more about Court system
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Answer:
(c) 7.5 bars, 2/15 shirts
Explanation:
Opportunity cost is simply defined as the next best alternative.
Opportunity cost also refers to the loss of foregone gain which could have resulted had a non chosen option been selected over the chosen option. For instance, the opportunity cost of storing money at home is the average market rate of interest which would've been earned had the same money been invested.
In the given question, the opportunity cost of a t shirt would be :
= 
= 7.5 protein bars
Similarly, the opportunity cost for a protein bar would be:
= 
= 
Thus, the correct option is (c) 7.5 bars, 2/15 shirts
A secured loan is the answer
Answer:
the expenditures are missing, so I looked for a similar question:
- 1/2/2014 $400,000
- 7/1/2014 $1,200,000
- 12/31/2014 $1,200,000
- 3/31/2015 $1,200,000
- 9/30/2015 $800,000
Weighted average expenditures for 2014:
January 1 = $400,000 x 1 = $400,000
July 1 = $1,200,000 x 1/6 = $600,000
December 31 = $1,200,000 x 0 = $0
total = $1,000,000
Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000