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kherson [118]
4 years ago
8

Sarah, a majority shareholder in Teal, Inc., made a $200,000 interest-free loan to the corporation. Sarah is not an employee of

the corporation.
a. Sarah must recognize imputed interest expense and the corporation must recognize imputed interest income.
b. Sarah must recognize imputed interest income and the corporation must recognize imputed interest expense.
c. Sarah must recognize imputed dividend income and the corporation may recognize imputed interest expense.
d. Neither Sarah's nor the corporation's gross income is affected by the loans because no interest was charged.
e. None of these.
Business
1 answer:
erastovalidia [21]4 years ago
4 0

Answer:

(A). Sarah must recognize imputed interest income and the corporation must recognize imputed interest expense.

Explanation:

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Option D

Employers can't fire an entire union because of the difficulty of replacing every worker best explains reason for unions give workers more power in contract negotiations

<h3><u>Explanation:</u></h3>

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The ability to be capable to recommend policy reforms or raise problems with a company as a whole preferably of just practicing them alone to a manager. A contract is not deemed to be in force till the membership has voted to approve it.

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Salespeople prepare for presentations by:

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Activity rates are calculated by a.dividing the budgeted activity cost by the total activity-base usage. b.dividing the total ac
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Gail Griffith, manager of the finance division, distributes relevant information every day to all her employees, enabling them t
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The complete question should be:

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