Seven years ago, Eleanor transferred property she had used in her sole proprietorship to Blue

Corporation for 2,000 shares of Blue Corporation in a transaction that qualified under § 351.

The assets had a tax basis to her of $400,000 and a fair market value of $700,000 on the date of the transfer. In the current year, Blue Corporation (E & P of $1 million) redeems 600 shares from Eleanor for $260,000. With respect to the redemption, Eleanor will report this transaction as:

a. Dividends in the amount of $?.
b. Capital Gain in the amount of $
c. None of the above.

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

An object that is clicked on and takes the presentation to a new targeted file is done through a