<u>Answer:</u>
<em>(B) Ordinary dividend distributions require the distributing corporation to recognize gain when distributing the noncash property as a dividend. Shareholders report dividend income equal to the FMV of the property distributed when the distribution comes from earnings and profits.
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<u>Explanation
:</u>
A qualified dividend is a profit that falls under capital increases expense rates that are lower than the annual duty rates on unfit, or joint, profits. Profit expense rates for common dividends. Regular profits are delegated either qualified or normal, each with various duty suggestions that effect a speculator's net return. The expense rate on qualified profits for speculators that have customary salary exhausted at 10% or 12% is 0%.
Ordinary dividends are taxed a person's typical annual duty rate, rather than the favored rate for qualified profits as recorded previously.
People pay Federal, Local, and State tax.
Hope this helped!
Answer:
Assets and stockholder's equity shall be decreased by $850.
Explanation:
Every accounting transaction has an effect on the standard accounting equation, or at least an effect on its components.
Standard Accounting Equation is:
Assets = Liabilities + Stockholder's Equity
As in the given instance the company sponsors, a baseball league, thus, this is an expense.
This will reduce the revenue and ultimately retained earnings which are part of stockholder's equity.
This will also reduce assets in the form of cash outflow made to incur this expense.
Thus, assets and stockholder's equity shall be decreased by $850.
Answer:
2 and 4
Explanation:
Japanese worker can produce 6 units of steel or 3 televisions per hour.
Korean worker can produce 8 units of steel or 2 televisions per hour.
Opportunity cost is the cost of the lost alternative. So when the country decides to produce only televisions it has to give up on steel production. Thus, the units of steel forgone for each unit of television gained is an opportunity cost of a television.
Thus,
Opportunity cost of television for Japan = 
Opportunity cost of television for Korea = 
(y+4) - 1 (y+2)
(y+4) -y - 2
I got this
but it's not last step
