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2 years ago

8

All ________ are required to be members of the Federal Reserve System. Group of answer choices banks with assets less than $100

million banks with assets less than $500 million state chartered banks national banks chartered by the Office of the Comptroller of the Currency

1 answer:

svetlana [45]2 years ago

6 0

The answer is national banks chartered by the Office of the Comptroller of the Currency

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Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She

RUDIKE [14]

Answer:

Let desktop cost = x

Let laptop cost = x - 250

According to equation:

(x*7)/100 + (x-250)*8/100 = 325

7x + 8x - 2000 = 32500

15x = 32500+2000

15x = 34500

x = 2300

Desktop cost before finance charge = $2,300

Laptop cost before finance charge = $2,050 ($2,300-$250)

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2 years ago

Suppose you are a salesperson for an office supply company. one of your customers left you a message indicating that they were u

Nadya [2.5K]

<span>Listen carefully to what the customer has to say, and let them finish</span>

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3 years ago

- A negative monthly balance indicates that:

GrogVix [38]

Answer:

Someone owes you money

Explanation:

negative balance simply means that your card issuer owes you money,

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3 years ago

Which of the following is an example of typosquatting? Group of answer choices A start-up investment company assumes the online

TiliK225 [7]

Answer:

An environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.

Explanation:

An example of typosquatting is an environmental support group creates a spoof of the advertisement of a popular beverage company, highlighting its degradation of the environment by releasing waste products into the water bodies near its bottling plant.

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2 years ago

Greiner, Inc., a calendar year S Corporation, holds no AEP. During the year, Chad, an individual Greiner shareholder, receives a

Likurg_2 [28]

Answer:

The long term capital gain= $30000-$25000

The long term capital gain= $5000

The basis in stock will be zero after the distribution.

Explanation:

Step 1 of 3

Tax treatment of amount distributed to shareholders:

The amount received as distribution to a shareholder under S Corporation is equal to the cash and fair market value of property distributed. The distribution is considered as tax-free to the limit that it does not exceed shareholder’s basis in the company’s stock. Any amount received in excess of basis will be treated as capital gain.

Step 2 of 3

However, taxation depends whether S Corporation has ever been a C Company or it posses’ accumulated earnings and profits. If it was never a C Corporation or doesn’t holds AEP then distribution equals to basis of share in S Corporation is a tax free gain for shareholder. Gain over and above basis is taxed as capital gains.

Step 3 of 3

In the given problem, C is a shareholder in S Corporation. He receives $30,000 as cash distribution. His basis in stock is $25,000. The distribution up to basis of stock is tax free distribution and above that is charged to capital gains. It is as follows-

Thus, capital gain of is taxable in hands of C. His basis in S Corporation will reduced to zero as entire distribution is over and above basis of his stock.

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3 years ago