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densk [106]
3 years ago
14

Derk owns 600 shares of stock in Rose Corporation. The remaining 1,400 shares of Rose are owned as follows: 200 by Derk's daught

er, 400 by Derk's aunt, and 800 by a partnership in which Derk has ownership interest of 85%. Determine the number of shares Derk owns (directly and indirectly) in Rose Corporation. Derk is deemed to own (directly and indirectly) shares in Rose Corporation.
Business
1 answer:
Norma-Jean [14]3 years ago
8 0
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generally receives favorable tax treatment relative to a corporation.

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Substitutes

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