Answer:
True
Explanation:
"Nonliquidating corporate distributions are distributions of cash and/or property by a continuing corporation to its shareholders. At the shareholder level, a nonliquidating corporate distribution can produce a variety of tax consequences, including taxable dividend treatment, capital gain or loss, or a reduction in stock basis. [...]
The corporate-level tax consequences of a nonliquidating corporate distribution depend on whether the distribution consists of cash or property (other than cash). The corporation does not recognize gain or loss when it distributes cash to shareholders or when it redeems stock in exchange for cash payments."
Reference: Ellentuck, Albert B. “Understanding the Effects of Nonliquidating Distributions on Corporations.” The Tax Adviser, 1 Jan. 2009
Answer: B
Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math
<span>What kind of change might driving law need to account for over time? Age of allowed drivers, fatalities from driving, and different things drivers do that become "illegal" while behind the wheel. As fatalities increase, driving laws should reevaluate why that could be happening and what type of law they can put in place to reduce the amount of fatalities over time. </span>
Answer:
The account opportunity is high, but competitive position is weak.
Explanation:
In management, portfolio analysis refers to evaluating the products or services sold or offered by the company and their environment. This way we can identify which strategies would help to increase the company's market share and increase projected sales.
In this case, if the account is important and the opportunity to increase or consolidate the account is high, the company must actively engage in actions that can help them secure the account.
Answer:
330 units
Explanation:
Particulars Units
Opening 270 Units
Add: Purchases 140 Units
Add :Purchases <u>140 Units</u>
Total 550 Units
Less: Closing <u>220 Units</u>
Sales <u>330 Units</u>
So, the total units the company sold during January 2017 is 330 units.