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skelet666 [1.2K]
3 years ago
14

Husker Corporation reports current E&P of negative $200,000 in 20X3 and accumulated E&P at the beginning of the year of

$300,000. Husker distributed $200,000 to its sole shareholder on December 31, 20X3. The shareholder's tax basis in her stock in Husker is $50,000. How is the distribution treated by the shareholder in 20X3?
Business
1 answer:
liubo4ka [24]3 years ago
3 0

Answer:

Given that,

Current E&P = (-$200,000)

Accumulated E&P at the beginning of the year = $300,000

Distributed to his sole shareholders = $200,000

shareholder's tax basis = $50,000

As the ending accumulated E&P = $300,000 - $200,000                

                                                      = $100,000

So, $100,000 would be treated as Dividend.

$50,000 would be treated as Tax free return of basis  and the Balance $50,000 would be the capital gain for shareholder of Husker.

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An ordinary annuity selling at $10,538.38 today promises to make equal payments at the end of each year for the next twelve year
klio [65]

Answer:

The annual annuity payment during this time at the rate of 6.50 % is $1291.67

Explanation:

Compute the annual annuity payments (PMT)

Present Value of annuity (PV) = $10538.38

Number of years (n) = 12

Rate (i) = 6.50%

Present Value (PV) = PMT [1- (1+r)^{n} ]/r]

10538.38 = PMT [1- (1+0.0650)^{-12} ]/0.0650

Annual Annuity Payments = 0.0650*10538.38/[1- (1+0.0650)^{-12} ]

Annual Annuity Payments = $1291.67

6 0
2 years ago
With regards to the sequence of steps in the team-building process which of the following is correct? Establishing a team missio
Tcecarenko [31]

Answer:

e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results

Explanation:

The options are not given in the question

Kindly find the following options

b) Planning for team effectiveness; data gathering and analysis; establishment of team goals and objectives; implementing team goals; and evaluation of results

c) Establishing a team mission statement; team cohesiveness training; data gathering and analysis; actions to improve team functioning; and implementing team goals

d) Planning for team effectiveness; team goal setting; implementing team goals, evaluation of results; and reassessment of team goals

e) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results

Team building is a process of the grouping of two or more employees in order to accomplish the company goals and objectives. It helps to identify the problems while achieving the company goals. Moreover, it also helps in gathering the data for the benefit of the company so that the targets of the company could be met within the prescribed time. And, at last the results are also evaluated

It also motivates the employees in order to perform their task in a better way

Hence, option e is correct

8 0
3 years ago
The worksheet range ____ references the worksheets, "sheet1," "sheet2," "sheet3," and "sheet4."
kodGreya [7K]
<span>Answer: Sheet1:Sheet4
       
Explanation: The symbol : is used in Excel to refer to the range. So Sheet1: Sheet4 denotes, FROM sheet1 TO sheet4 of the workbook.</span>
4 0
3 years ago
Read 2 more answers
Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D 75,000 1.20 To
dem82 [27]

Answer: 1.174

Explanation:

  • Portfolio beta is the weighted-average of the beta coefficient of all the individual stocks in a portfolio.

As per given , we have  

Stock Investment Weight  (W)            Beta(B)              (W) x (B)

                                   \text{(Investment}/\text{Total investnment})

 

A            150,000     0.40                      1.40         0.56

B             50,000      0.13                      0.80         0.104

C            100,000     0.27                      1.00         0.27

D             75,000             0.20                      1.20         0.24

       

Total            375,000            1.00                                     1.174

Hence, the portfolio's beta = 1.174

5 0
2 years ago
A firm is considering two location alternatives. At location A, fixed costs would be $4,000,000 per year, and variable costs $0.
blagie [28]

Answer:

Plant B

Explanation:

Total Demand = 9000000

Total Cost = Fix Cost + Variable Cost

Location A

Variable Cost = 9000000*0.3 = 2700000

Fix Cost                                      = 4000000

Total Cost                                  = 6700000

Location B

Variable Cost = 9000000*0.34 = 3060000  

Fix Cost                                      =  3600000

Total Cost                                  = 6660000

Plant B is feasible because it will Save $40000

7 0
3 years ago
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