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Liula [17]
3 years ago
8

Regarding the tax treatment of payments to securities holders, it is true that _______________, while ____________________.

Business
1 answer:
Vladimir [108]3 years ago
6 0

Answer: (d)common stock dividends and preferred stock dividends are not tax-deductible; interest is tax-deductible

Explanation:

Here is the complete question:

Regarding the tax treatment of payments to securities holders, it is true that _________, while _________.

(a)interest and preferred stock dividends are not tax-deductible; common stock dividends are tax deductible

(b)interest and preferred stock dividends are tax-deductible; common stock dividends are not tax-deductible

(c)common stock dividends and preferred stock dividends are tax-deductible; interest is not tax-deductible

(d)common stock dividends and preferred stock dividends are not tax-deductible; interest is tax-deductible

Regarding the tax treatment of payments to securities holders, it is true that common stock dividends and preferred stock dividends are not tax-deductible while interest is tax-deductible.

It should be noted that the profit of a company is gotten when the expenses are deducted from the revenue. The dividends are not tax deductible as they are not expenses.

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Please give a complete answer to all questions, citing the legal principle to support your answer.
Alex Ar [27]

1. In the criminal justice system, John can temporarily put Jack in custody pending the arrival of the police.  Jack was not detained for a period longer than five minutes and not for a civil wrong.

Thus, in this lawsuit for the tort of unlawful imprisonment, Jack will lose because he committed a crime.  He cannot apply a civil law to a criminal case.

2. Adriana is correct that her personal assets cannot be reached in this lawsuit brought by the shareholders of DEF, Inc. because SLA Accountants, LLP is a limited liability partnership and not just an ordinary partnership.

A limited liability partnership, like a limited liability company, offers members limited liability.  However, the shareholders of DEF, Inc. may decide to sue Adriana personally.

3. Andrew is wrong because the car handed over by Sam was not a completed inter-vivos gift. The transfer was not absolute but conditional upon Sam not returning from the Middle East.

As a conditional transfer of gift, the vesting of the ownership interest created by the transfer depends on the fulfillment of a condition.

Thus, since the transfer condition did not materialize, Andrew should return the car to Sam in good faith.

Learn more about inter vivos gifts and limited liability partnerships here brainly.com/question/14767795 and brainly.com/question/1166757

5 0
2 years ago
Azus is an international food products company with subsidiaries in many countries. It employs host-country nationals extensivel
Leno4ka [110]

Answer: Polycentric staffing model

Explanation:

The staffing model employed by Azus is the polycentric staffing model. This is an approach whereby the nationals of a particular country are employed in the central offices while foreigners are employed into their subsidiaries overseas. The foreigner are locals in their countey.

The advantages are that hiring locals are less costly and can improve employee morale and increase in productivity.

7 0
3 years ago
Xavier Co. wants to purchase a machine for $37,900 with a four year life and a $1,000 salvage value. Xavier requires an 8% retur
ale4655 [162]

Answer:

Net present value of machine is $5,561

Explanation:

Net present value is the method of calculating net of cash inflows and outflows in present value term using discounting of the cash flow by required rate of return.

Net Present Value of the machine is $5,561

All the calculation and workings are attached with this question please find it.  

5 0
3 years ago
Which job would most likely require a college degree?
IrinaK [193]

"Financial Manager" would most likely require a college degree.

Financial managers are in charge of the money related well-being of an association. A four year degree in finance (bachelor), bookkeeping, financial aspects, or business organization is usually the least qualification required for Financial managers. However, numerous businesses currently look for individuals with a master degree, ideally in business studies, finance etc.

3 0
3 years ago
Read 2 more answers
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales)  all in retail prices

= $123,000 +  $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 ×  (64,500 + 315,000)/(123,000 +  $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0
3 years ago
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