1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harina [27]
3 years ago
10

From the perspective of the parent corporation, contrast the tax consequences of a subsidiary liquidation under the general nonr

ecognition rules with a subsidiary liquidation that follows a § 338 election.
Business
1 answer:
erik [133]3 years ago
6 0

Answer:

Section 338 allows the corporation to purchase stock and retain the basis of assets. It also allows adjusting the basis for the assets. Under section 338 the, if the corporation sold its assets, the transactions related to sale will be subjected to double tax. Whereas, if the corporation cause liquidation for the target asset's and then undergo for a sale is subjected to single tax.  

You might be interested in
Money markets are markets for_________.
Mila [183]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

The money market is a branch of financial markets that trade in short-term, high liquidity debt instruments. The money markets create an opportunity for investors and borrowers to buy and sell different types of short term financial securities. The short-term securities maturity period ranges from one day to less than 12 months.

The securities that trade in market markets are called money market instruments. They include commercial papers, Eurodollar deposits, treasury bills, federal agency notes, and certificates of deposit. The money markets are important because they enable companies with temporary financial shortfalls to borrow money by selling money market instruments. They also give companies with cash surplus a platform to invest and earn interests.

8 0
3 years ago
Meaning of accounting​
frutty [35]

Answer:

<em>Accounting is the process of recording financial transactions pertaining to a business.</em> 

6 0
2 years ago
While eating at Alex’s "Pizza by the Slice" restaurant, Clara experiences diminishing marginal utility. She received 10 utils fr
klemol [59]

Answer:

Alex may have to lower the price to convince Clara to buy a second slice.

Explanation:

Marginal utility is an economic concept that says that a consumer recieves more marginal utility in the first consumption of a good or services than in the second and the subsequents. In fact with each consumption the marginal utility reduces, this effect is known as diminishing marginal utility.

One of the the methods to reduce the effects of the diminishing marginal utility is to reduces prices. As the utility of a product decreases as its consumption increases, consumers are willing to pay smaller amount of money for more of the product.

6 0
2 years ago
The concept of materiality:
KonstantinChe [14]

Answer:

The answer is b Justifies ignoring the matching principle in certain circumstances.

Explanation:

6 0
3 years ago
Read 2 more answers
Judy's Boutique just paid an annual dividend of $3.73 on its common stock. The firm increases its dividend by 3.40 percent annua
Talja [164]

Answer:

cost of equity = 12.16 %

Explanation:

given data

annual dividend of $3.73

increases dividend = 3.40 percent annually

stock price = $43.96 per share

to find out

What is the company's cost of equity

solution

we will use here Gordon model for compute company's cost of equity that is

market value = \frac{dividend* ( 1+growth\ rate)}{cost\ of\ equity - Growth\ rate}         ........................1

put here value we get

43.96 = \frac{3.73* ( 1+0.034)}{cost\ of\ equity - 0.034}

solve it we get

cost of equity =  0.121735

cost of equity = 12.16 %

8 0
3 years ago
Other questions:
  • If your oil is low when you check it, add __________ of oil to your engine.
    5·1 answer
  • The principle benefit of tariff protection goes to a. foreign consumers of the good produced. b. domestic consumers of the good
    12·1 answer
  • Media scholar robert mcchesney has observed that the media oligopoly of the leading nine media giants is not the only threat to
    8·1 answer
  • What are some questions to ask a clerk in the dispatch office?
    14·1 answer
  • Why is a firm in perfect competition a price​ taker? A firm in perfect competition is a price taker because​ _______. A. it prod
    10·2 answers
  • One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second
    15·1 answer
  • LO 1.3The Certified Management Accountant (CMA) certification:
    14·1 answer
  • Health Maintenance Organizations (HMOs) are MOST LIKELY associated with which of these types of insurance? A) life insurance B)
    13·1 answer
  • Celestial Insurance hires college graduates and prepares them for management careers. The human resource professionals who prepa
    6·1 answer
  • AYO BRAINLY
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!