Greene is the sole shareholder of seagull, a calendar-year s corporation. greene's basis at the beginning of the year is $15,000. seagull reported an ordinary loss of $5,000 and $2,000 of municipal bond interest for the year. seagull distributed cash of $6,000 to greene on november 1. what is greene's basis in seagull at the end of the year?

If you were running a company, what are at least two things you could do to improve its productivity.

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b