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torisob [31]
3 years ago
9

Zero Corp. is an investment company authorized to issue only common stock. During the last half of the current year, Edward owne

d 450 of the 1,000 outstanding shares of stock in Zero. Zero would not be subject to the personal holding company (PHC) penalty tax if the remaining 550 shares of common stock were owned by:_______.
A) An estate where Edwards is the beneficiary.
B) Edwards's brother-in-law.
C) A partnership where Edwards is not a partner.
D) Edwards's cousin.
Business
2 answers:
Serga [27]3 years ago
7 0

Answer:

C)

Explanation:

Based on the scenario being described it can be said that they would not be subject to this if the common stock were owned by a partnership where Edwards is not a partner. Most likely if the stocks were divided between Fifty-five shareholders who are related neither to each other nor to Edward, in equal lots of 10 shares each.

Ierofanga [76]3 years ago
6 0

Answer:

C

Explanation:

Zero Corp. is an investment company authorized to issue only common stock. During the last half of the current year, Edward owned 450 of the 1,000 outstanding shares of stock in Zero. Zero would not be subject to the personal holding company (PHC) penalty tax if the remaining 550 shares of common stock were owned by a partnership where Edwards is not a partner and also Fifty-five shareholders who are not related ne to each other nor to Edward, that share equal lots of 10 shares each. This being the case.

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The following information is available for Felix Company: Net income $300 Decrease in plant and equip. $40 Depreciation expense
zmey [24]

Answer:

$240

Explanation:

The computation of cash flow from operating activities of Felix company is seen below;

= Net income - Decrease in plant and machinery + decrease in expense - increase in deferred assets + gain on sale of assets

= $300 - $40 + $20 - $5 + $35

= $240

Therefore, cash flow from operating income of Felix company is $240

7 0
2 years ago
A generation ago, ketchup was an essential element of every American pantry and salsa was a relatively unknown product. The popu
s344n2d4d5 [400]

Answer:

  • Social

Explanation:

PESTLE analysis is a tool to identify those external factors which influences organization.

P: Political Factors influencing organization's performance.

E: Economical Factors creating hurdles in the way of the organizations.

S: Social Factors account for changed behavior of consumers towards organization.

T: Technological Factors playing it's role in influencing organizational performance.

L: Legal Factors accounting for legal barriers for the organizations.

E: Environmental Factors affecting companies but no one pays attention to it.

  • Salsa's increased popularity is represented by Social Factor: As belief is the most vital element which has effect on consumers decision making a company's growth or loss can be accounted for it. Not just belief the demographics and the attitude of people towards general issues can play their roles as well.
3 0
3 years ago
Unlike product, promotion, or place, price is the only part of the marketing mix
mario62 [17]
Yes, its is the only thing marketing mix does. 
4 0
3 years ago
( b ) explain five circumstances under which a high population growth may be desirable ​
statuscvo [17]

Answer:

There is a need to increase the demand in market for both goods and services.

There is a need to attract foreign investors

As societies modernize, mortality rates fall while birth rates remain high leading to high population growth rates.

Higher population growth may be beneficial in high-income countries where there is currently a tendency for population growth rates to decline

Development in agriculture, better techniques to grow more and better quality food.  Food available at all the times due to better storage conditions. So people do not die of starvation when food is not available.

Explanation:

7 0
2 years ago
if Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to gr
madreJ [45]

Answer:

73 years

Explanation:

To solve this problem, we can use the formula for the annual compound interest, which is:

A=P(1+r)^t

where:

A is the final amount after time t

P is the principal

r is the rate of interest

t is the time

In this problem, we have:

P=\$2000 is the principal

r=0.055 is the interest rate (5.5%)

We want to find the time t at which the amount of money is

A = $100,000

Therefore, we can re-arrange the equation and solve for t:

(1+r)^t=\frac{A}{P}\\t=log_{1+r}(\frac{A}{P})=log_{1+0.055}(\frac{100,000}{2000})=73

So, it will take 73 years.

3 0
3 years ago
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