<u>Answer and Explanation:</u>
Caramel Corporation outstanding share are 5000
Caramel Corporation distributes $145,000 in an exchange for 1000 number of shares in a qualifying stock redemption.
Given : caramel Corportaion has E&P of around $300,000.
E&P attributable to 1000 number of shares = 
Therefore, the consequence of this redemption are $60,000 charge to E&P and reduction in caramel Corporation paid-in capital account is $85000 ($145000 subtract $60000)
Answer: Option A is the right answer
Explanation: Evidences in most cases has shown that MACRS is all about applying convention for one and a half year on assets. So when an entities owns 35-40% of an asset in forth quarter, Mid quarter convention will be applied for only one half of the last quarter, logically one and half month in the last quarter.
Answer:
The trend line lies on the points (0,100) and (15,900)
Explanation:
Answer: A. $8000; $7000
Explanation: If they spend more money, they will have less money for other purchases.
Answer:
$1,000,000
Explanation:
The investment adviser who doesn't have any place of business in the state and offers his services to only employee benefit plans with assets of assets at least $1,000,000 are exempt from registration. If the asset value exceeds this limit then the investment adviser will be required to register itself.
