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cricket20 [7]
3 years ago
15

GW Corp. has two shareholders; Devana owns 40 shares and another corporation, Alpine, Inc., owns another 60 shares. Devana is al

so a 40% shareholder in Alpine, Inc. Under the attribution rules for the change in stock ownership tests in a redemption, how many shares of GW Corp. does Devana own
Business
1 answer:
BartSMP [9]3 years ago
6 0

Answer:

40%

Explanation:

Devana owns 40% of GW Corp. despite having another 40% shares in Alpine Inc. This is as a result of Devana not having up to 50% shares in Alpine Inc.

Without up to 50% shares in Alpine Inc, the shares of Alpine Inc. in GW Corp. cannot be attributed to Devana.

This means that for Devana to own Alpine Inc shares in GW Corp. it has to acquire 10% more in addition to the 40% it already has.

Cheers.

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On January 15, Cheyenne Corp. sells merchandise on account to Flounder Associates for $4500 with terms 2/10, n/30. On January 20
Leni [432]

Answer:

The amount of cash received on January 24 is $3332

Explanation:

The amount of cash received will be for the net amount of receivable after adjusting for sales returns and the sales discount as the payment is received within the discount period of 10 days as stated by the term 2/10 which means a 2% discount if payment is received within 10 days of sale.

The accounts receivable at January 15 after sale were $4500. Out of this amount, $1100 of returns are made. Thus, the remaining balance of accounts receivables after return is $4500 - $1100 = $3400

The discount received will be = 3400 * 2% =  $68

Thus, the cash received on January 24 will be 3400 - 68  =  $3332

6 0
3 years ago
If the government wishes to increase the level of real GDP, it might reduce: 
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B. Transfer payments
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MArishka [77]

Answer: Option (A) is correct.

Explanation:

If the government wishes to increase the level of real GDP, it might reduce <u>Taxes.</u>

This is due to the fact that if government reduces the transfer payment, size of budget deficit or its purchases of goods and services then as a result the level of real GDP deceases because of lower aggregate demand for the product.

Now, if government reduces the taxes, this will increase the individual's disposable income. So, this will results in higher aggregate demand and hence, increases the level of real GDP.

4 0
3 years ago
One of the keys to gaining self-esteem is to a. Hold yourself to impossible standards b. Focus on the mistakes you make C. Enjoy
Yanka [14]

Answer:

C. Enjoy the small success you achieve

Explanation:

A sure way of boosting self-esteem is to be nice to once self. One should focus on their positive side by appreciating who they are and their success so far. Comparing oneself with others may not achieve the desired results.

Success brings satisfaction and joy to all of us. Focusing on the little success that one has will uplift their spirits and boost self-esteem.

8 0
2 years ago
Read 2 more answers
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AleksAgata [21]

Answer:

The correct answer is number "3": doesn't reduce quality or increase price.

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Different groups of people within a market imply different needs and preferences pushing companies to diversify in order to fulfill them. Though, one of the main characteristics of that diversification must be accessibility. Companies expect to gain in sales thanks to the segmentation of the market but not necessarily by increasing the price of the new products being sold or decreasing their quality.

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3 years ago
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