Answer:
Limited partner
Explanation:
A limited partner has limited liabilities and doesn't take an active role in managing the operation of the business. A limited partner is also known as a silent partner.
I hope my answer helps you
Answer: $51,920
Explanation:
For a building that was constructed before 1936, the rehabilitation credit is 20% of the amount that the taxpayer spent to rehabilitate the historic building. As this building was constructed in 1935, Emily qualifies for that 20% credit:
= 20% * 259,600
= $51,920
Answer: The answers are provided below.
Explanation:
A stock dividend occurs when the firm uses the money that was meant to be paid to the shareholders as cash dividend to buy additional common shares for them. A stock split occurs when a firm gives two or more new shares to every existing share that an investor holds.
As an investor, I'll consider whether the aim of the company in making a stock split or issuing a stock dividend aligns with my aim of investing in the company. In a case where the aims doesn't align with mine, I'll go and invest in another firm.
A company declaring 100% dividend shows growth and also, as a stakeholder, tax may not be paid by me. Stock split gives room for small investors to invest and it also reduces share price.
Answer:
The correct answer is D
Explanation:
The voting right is the right which is given to the shareholders of the company to vote on the matters of the corporate policy involving the decisions on the making of the BOD (Board of Directors), making changes in the operations of the corporation, issuing securities and initiate the corporate actions.
So, when the person owns 250 shares, which means owns the percentage of the company grounded on the proportion of the shares the person owns. Therefore, the person along with ownership gets the voting rights as well.
Answer:
The correct answer is B
Explanation:
The Schedule B (which is Form 1040), if any of the following conditions are applied:
1. Earned or have taxable interest of $1,500 or the ordinary dividends.
2. Received or collected the interest from the seller who financed mortgaged and the buyer have kept the property as the personal residence.
3. Received or have an accrued interest from bond.
So, In this situation, Robin is the one who earned $1,550 in the corporate bond interest. Therefore, the Robin is required to file the Schedule B as he has earned more than $1,500.
