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AysviL [449]
3 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]3 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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Arada [10]

1. If Milo should try to sue Jess, the court will decide that

  • that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.

2.  Yes, Sylvia will have to pay Sarah for painting the store, even though she did not verbally agree to the contract.

3. The store manager is most likely to explain to Arlene here that  the advertisement is a valid offer, and the store must honor the price in the advertisement.

<h3>What is a business contract?</h3>

A contract can be referred to as business arrangements. They are very enforceable in the case of a breach by a court of law.

A business contract usually makes specifications concerning when a business would be done, the completion, and the payment for the goods and services rendered.

One has to fully understand the terms of a contract before they go ahead to sign documents.

Read more on contracts here: brainly.com/question/984979

6 0
2 years ago
Personal selling can take place in all situations except when
olasank [31]

Answer:

Through the newspaper ads.

Explanation:

Personal selling is one of the ways of selling of products by various businesses where the seller and the customers come in direct contact or face to face in order to discuss the features, benefits, and worthiness of any product that the seller is interested in selling This can be done through direct face to face interaction, on telephones, through video conferencing, and also on the internet but not through newspaper ads.

8 0
3 years ago
In risk management what does risk control include
Luda [366]

Financial, operational, perimeter, and strategic risks.
Like costs, labor, and weather.
8 0
3 years ago
A(n) _____ is a measure, such as price or quantity, that can take on different values at different times.
Nat2105 [25]

Answer:

Variable

Explanation:

Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.

Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.

3 0
3 years ago
By referring to the attorney by his title but calling other employees by their first names, the law firm is transmitting their o
Nesterboy [21]

Answer:

A.material symbols

Explanation:

When conveying culture through material symbols, the organisation communicates the profile of someone who is important, the expected behaviours, and traits that give degree of equality in the organisation.

By addressing the attorney by his title the message conveyed is that the attorney's status is something that every employee should strive to achieve, so that they earn the right of equality (to be called by their title).

5 0
3 years ago
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