subject
Business, 28.11.2019 04:31 rlevkovch

As of january 1, cassowary corporation has a deficit in accumulated e & p of $100,000. for the tax year, current e & p (accrued ratably) is $240,000 (prior to any distributions). on july 1, cassowary corporation distributes $275,000 to its sole shareholder. the shareholder has a basis in the stock of $1.what amount of the distribution is a dividend, roc and capital gains?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 17:30, u8p4
The digby's workforce complement will grow by 20% (rounded to the nearest person) next year. ignoring downsizing from automating, what would their total recruiting cost be? assume digby spends the same amount extra above the $1,000 recruiting base as they did last year. select: 1 $2,840,000 $3,408,000 $570,000 $475,000
Answers: 1
image
Business, 22.06.2019 03:00, brarob340
Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter
Answers: 1
image
Business, 22.06.2019 12:50, 20170020
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
image
Business, 22.06.2019 16:30, allytrujillo20oy0dib
Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.
Answers: 3
You know the right answer?
As of january 1, cassowary corporation has a deficit in accumulated e & p of $100,000. for the...

Questions in other subjects:

Konu
English, 16.09.2021 14:00
Konu
Mathematics, 16.09.2021 14:00
Konu
English, 16.09.2021 14:00