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AysviL [449]
4 years ago
15

A calendar-year corporation has positive current E&P of $1,500 and a deficit in accumulated E&P of ($2,000). The corpora

tion makes a $500 distribution to its sole shareholder on July 1. Which of the following statements is true?
a) The distribution may be a dividend, depending on whether total (net) earnings and profits at the date of the distribution is positive.

b) The distribution will be a dividend if current earnings and profits are positive and exceed the distribution.

c) The distribution will not be a dividend because total (net) earnings and profits is a negative $500 this year.

d) A distribution from a corporation to a shareholder is always a dividend, regardless of the balance in accumulated earnings and profits.
Business
1 answer:
Studentka2010 [4]4 years ago
6 0

Answer:

B. The distribution will be a dividend if current earnings and profits are positive and exceed the distribution.

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A manufacturing company hires only welders who have completed a formal
BartSMP [9]

Answer: An apprenticeship

Explanation: Pretty sure that other person had a stroke

5 0
3 years ago
For each of the scenarios below, determine whether the employer is likely to be discriminating against a person because of age:
barxatty [35]

Answer and Explanation:

In the U.S., the Equal Employment Opportunity Commission (EEOC) is the authority protecting individuals from discrimination at work in any kind because of <em>race, gender, age, religion, ethnicity, nationality, language, sexual orientation, impairment</em> differences or any other type of unfair treatment not related to work itself.

Age discrimination could take place when certain groups of individuals are valued more than others because of their youth or because their white hair represents experience. In any situation, unequal opportunities are given which must be sanctioned. Thus:

A) A young lawyer who just finished work on a multimillion-dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation.  

<em>This example does not represent discrimination because the election is based on performance rather than age. </em>

B) A large retail outlet hires a 30-year-old woman to greet customers instead of an 80-year-old woman who has been greeting customers in other stores for a decade.  

<em>This example reflects discrimination because a younger woman is hired mainly based on her age rather than her expertise. </em>

C) The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

<em>This example represents discrimination since a younger student is hired to replace another student who was in the last year of university.</em>

3 0
3 years ago
A bond has a par value of $1,000, a current yield of 6. 90 percent, and semiannual coupon payments. the bond is quoted at 101.17
poizon [28]

If the bond's par value is $1000,current yield be 6.90% and the bond is quoted at 101.17 then the each coupon payment is $34.9.

Given the bond's par value is $1000,current yield be 6.90% and the bond is quoted at 101.17.

We are required to find the amount of each coupon payment.

Bond value=$1000

Current yield=6.90%=0.0690

Bond quoted=101.17

Payment method=Semi annual =2 payments

Computation of annual coupon amount:

Current yield=Annual coupon/(Bond value*Bond quoted)

0.0690=Annual coupon/(1000*101.17%)

0.0690=Annual coupon/1011.7

Annual coupon=1011.7*0.0690

Annual coupon=$69.8073

Computation of each payment:

Each payment=Annual coupon /2 payment

Each payment=69.8073/2

Each payment=34.90365

Hence the amount of each payment of bond having par value of $1000 is $34.9.

Learn more about bond at brainly.com/question/25965295

#SPJ4

6 0
2 years ago
Which type of savings institution is owned and operated by the same people who have accounts in it
inn [45]

A credit union is owned and operated by the people who have accounts in it. In a traditional bank, the bank is run by a president and a board of higher people. In a credit union, all members of the union own a stake of the company and the board is made up of members of the credit union.

7 0
3 years ago
Read 2 more answers
Assume $1,000 is deposited in a checkable account by mr. y in bank
otez555 [7]
Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps
4 0
3 years ago
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