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yawa3891 [41]
3 years ago
11

During 2010, Shirley Nutt, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. On Decembe

r 31, 2009, her stock basis was $4,000. The corporation earned $11,000 ordinary income during the year. It has no accumulated E & P. Which statement is correct? a. Nutt recognizes a $1,000 long-term-capital gain. b. Nutt’s stock basis will be $2,000. c. Nutt’s ordinary income is $15,000. d. Nutt’s return of capital is $11,000. e. None of the above.

Business
1 answer:
Norma-Jean [14]3 years ago
3 0

Answer:

Attached image carries the solution to this problem.

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West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bond
umka21 [38]

Answer:

7.82%

Explanation:

Given the following :

Par value = 102%

Coupon rate = 8.1%

Period (n) = 10 years

Yield to maturity (YTM) =?

with a face value (F) of $1000

The current price (P) of bond will be:

102% * $1000 = (1.02 * $1000) = $1020

Annual coupon payment = $1000 * 8.1% = $1000 * 0.081 = $81

The YTM formula is given by:

YTM = [ C +( F - P) / n] / [(F + P) / 2)]

YTM= [(81 + (1000 - 1020) / 10] / [(1000 + 1020)/2)]

YTM = [(81 +(-20/10)] / (2020/2)

YTM = [(81 - 2) / 1010]

YTM = 79 / 1010

YTM = 0.078217

YTM =0.078217 * 100

YTM = 7.82%

4 0
3 years ago
Bob roberts founded robertico, an equipment leasing company, three decades ago. although he is now in his seventies, he still ha
sergij07 [2.7K]

Bob has an autocratic buying center culture

Reason: Here we refer to "hands on" management style which means Bob has supreme power on all his employees. Everything in the organization has to be done as per his terms. Hence we can say that this is an autocratic form of culture

8 0
3 years ago
When your Mac is turned on, this application is always running.
Andrej [43]
The answer is Finder. (It's actually kind of annoying to OCD people like myself, haha)

Hope this helped! Good luck! :)
3 0
4 years ago
Read 2 more answers
____ emphasized designing and managing organization on an impersonal, rational basis through such elements as clearly defined au
AURORKA [14]

Answer:

bureaucratic organizations

Explanation:

Bureaucratic organizations -

It is a form of management with a pyramidal command structure , it is a very organized form of management , having formality , is known as bureaucratic organisations .

They are the one with high efficiency with strict control and command .

hence ,

The correct term for the given statement is  bureaucratic organizations .

7 0
3 years ago
If sales increase from $460,000 to $520,260, and if the degree of operating leverage is 6.60, net operating income should increa
Ganezh [65]

Answer: $397,716

Explanation:

Degree of Operating Leverage = Change in Net Operating Income/ Change in Sales

6.60 = Change in Net Operating Income / (520,260 - 460,000)

(520,260 - 460,000) * 6.60 = Change in Net Operating Income

Change in Net Operating Income = 62,260 * 6.60

Change in Net Operating Income = $397,716

6 0
3 years ago
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