subject
Biology, 10.03.2020 09:10 ehaynie

All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the following manner: Zack 27%, Xu 24.33%, Yvonne 24.33%, and Win 24.33%. Some of Zack's stock holdings are redeemed by Sphere Corporation, resulting in Zack's interest being reduced to 22.27%. Xu, Yvonne, and Win owned equally the remaining 77.73% of the Sphere stock. How should the redemption of Zack's stock be treated by Zack?

A) dividend income
B) sale transaction
C) return of capital
D) some other treatment

ansver
Answers: 2

Other questions on the subject: Biology

image
Biology, 22.06.2019 01:00, majesticfart7736
Which part of cellular respiration must occur before any of the other steps can occur
Answers: 2
image
Biology, 22.06.2019 10:00, TheOneandOnly003
If an organ has six haploid chromosomes, how many chromosomes are present. 6 12
Answers: 1
image
Biology, 22.06.2019 13:30, daniellealex
Which of these correctly describes the difference between processes that take place in prokaryotic and eukaryotic cells?
Answers: 1
image
Biology, 22.06.2019 15:50, jakhunter354
The structure of a dna molecule is best described as a. one long strand of nucleic acids b. two strands of dna nucleotides joined by hydrogen bonds c. two strands of amino acids joined by hydrogen bonds d. one long strand of amino acids
Answers: 1
You know the right answer?
All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the foll...

Questions in other subjects: