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Marrrta [24]
3 years ago
7

Since 2008, Ben has owned all 100 outstanding shares of N and M Corporation’s stock. Ben’s basis for the stock is $50,000. In 20

19, N and M have earnings and profits of $100,000. The corporation redeemed 25 shares of Ben’s stock for $75,000 in 2019. How will Ben report this?
A. $75,000 dividend.B. $75,000 gain.C. $50,000 gain.D. None of the above
Business
1 answer:
FromTheMoon [43]3 years ago
6 0

Answer:

A. $75,000 dividend

Explanation:

This is not  a capital gain as it do not come from the change in the value of the previously owned shares this are new shares.

The shares which N and M provide in favor to Ben are an stock dividend thus, the tax treatment should be of dividends as well.

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Which of the following characteristics describe Millennial employees, in general?
insens350 [35]

Answer:

B. Globally conscious.

Explanation:

Millenials are the generation of people born in the 80s and 2000s, and represent people who were born at a time when technology and the internet were strengthened, which caused a revolution in the form of social interactions around the world.

The internet revolutionized business, due to the speed in the exchange of information, it was possible for business to expand and integrate, which generated globalization, which is the interaction of businesses between countries in search of competitive and strategic advantages in the global market.

Therefore, it is correct to say that the generation of millennials are more globally aware employees, due to the fact that they have grown up in a cultural and social environment marked by the use of the internet and the availability of information, which makes them more aware about business. global interactions, multicultural interactions and more possibilities to understand the market and contribute to its development.

7 0
3 years ago
Let’s suppose that a lender has established a 90% loan-to-value ratio cutoff as one of its primary underwriting criteria. If a b
sergey [27]

Answer:

77.27% or

(17/22)%

The loan will accepted

Explanation:

property value 550,000

haircut 125,000

550,000 - 125,00 = 425,000 mortage value

425,000/550,000 = 77.27% = (17/22)%

The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.

8 0
3 years ago
Which of the following is an advantage of a sole proprietorship?
tigry1 [53]
He control his profits en his expenditure without interference
5 0
3 years ago
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
Andrew [12]
<span>The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000</span>
3 0
3 years ago
Broker Barb takes out a two-page color full-page ad in the weekend paper of her listed properties. What form of advertisement is
romanna [79]

It is the form of product advertisement.

<h3>What is a product advertisement?</h3>
  • Product advertising promotes a specific product of a brand rather than the brand itself.
  • These advertising emphasize product characteristics and benefits rather than brand reputation or brand awareness.
  • Direct mail, comparative, cooperative, informational, and outdoor advertising are some kinds of product advertising.
  • Television, radio, print, websites, social media, outdoor/billboards, and digital placement are all examples of advertising channels.
  • Broker Barb advertises her listed homes in the weekend paper with a two-page color full-page ad, which is also a type of product advertising.

Therefore, in the given situation it is the form of product advertisement.

Know more about product advertisements here:

brainly.com/question/1658517

#SPJ4

7 0
2 years ago
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