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vladimir1956 [14]
3 years ago
8

You are given the following facts about a solely owned S corporation. What is the shareholder's ending stock basis?

Business
1 answer:
DerKrebs [107]3 years ago
5 0

Answer:

c.$99,100

Explanation:

Beginning stock basis 39,800

Add:Increase in AAA $31,000

Increase in OAA $6,300

Stock purchases 22,000

Shareholder's ending stock basis $ 99,100

OR

Shareholder's ending stock basis = Beginning stock basis +Increase in AAA + Increase in OAA + Stock purchases

= $ 39,800 + 31,000 + 6,300 + 22,000

= $ 99,100

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yulyashka [42]

Answer:

none of the above

Explanation:

because the organization must know how much they own

8 0
3 years ago
You have your choice of two investment accounts. Investment A is a 12-year annuity that features end-of-month $1,900 payments an
Nataly [62]

Answer:

hey wasup how you doing no ok

Explanation:

6 0
3 years ago
What is the IRS method of allocating expenses between rental use and personal use?
lidiya [134]

Answer:

Schedule E- Allocation of Rental and Personal Expenses.  

Explanation:

Hello so I am gonna assume your talking about what I said above if you use your dwelling unit for both rental and personal purposes, divide your expensive  between the rental use and the personal use based on the number of days used for each purpose.

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3 0
3 years ago
Margaret, HR manager at Frexotel Inc., recruits her cousin Linda as production manager in the company. This results in resentmen
patriot [66]

Answer: Nepotism

Explanation: Nepotism is an act of granting special privileges to one's friends and family especially during

recruitment or any other opportunity. It entails using one's power to secure juicy opportunities for one's relatives, especially when they are not qualified for such opportunity. Nepotism is also an act of partiality in order to favour one's friends or relative or candidate over others.

The word "nepotism" is an Italian word and it advanced from the Italian word for nephew. It originated in the mid 17th century when popes and other religious leaders were in the habit of displaying favouritism towards their family members at the expenses of others.

Types of nepotism.

• Nepotism at work place or employment nepotism.

• Political nepotism.

• Organizational nepotism.

3 0
3 years ago
Your name, address, telephone number, and e-mail address all belong in the ____ section of a résumé.
faltersainse [42]

Answer:

heading

Explanation:

our contact information—which includes your name, address, phone number, and email address—should always appear at the top of your resume, regardless of which resume format you are using.

7 0
3 years ago
Read 2 more answers
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