fargo corporation distributes property (basis of $1,458,400 and fair market value of $1,750,080) to a shareholder. fargo corporation has sufficient e & p for its distributions.
Answers
The taxable amount of the distribution made by Fargo Corporation to the shareholder would be $1,750,080 because of the fair market value of the property is greater than the property's basis ($1,750,080 > $1,458,400).
Explanation: When a corporation distributes property, the amount of the distribution is equal to the fair market value of the property.
The basis of the property is not considered for this purpose. Therefore, in this case, the taxable amount of the distribution made by Fargo Corporation to the shareholder would be $1,750,080 because of the fair market value of the property is greater than the property's basis ($1,750,080 > $1,458,400).
The earnings and profits (E&P) of a corporation are utilized to decide the amount of a dividend that is a dividend to the shareholder. If a corporation distributes its entire E&P, the distribution is generally deemed a dividend to the shareholder.
As a result, Fargo Corporation's distribution of property to its shareholder is a taxable dividend.
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Related Questions
Which of the following are reasons you can claim additional allowances CHOOSE ALL THAT APPLY
A. You file as head of household if you are eligible
B. You are a single filer and plan to make a large purchase next year such as a house or car
C. You're eligible to claim the Child Tax Credit
D. You had at least the minimum amount required of child or dependent care expenses that you plan on claiming credit
Answers
Answer:
no por que. no se inglés ponlo en español
List 3 responsibilities that a consumer has when making a purchase.
Answers
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
Anyone have a good name for a sports media company?
Answers
Sirius Cybernetics Corp. produces touch-enabled wearable devices. Its research and development team recently became aware of a new, open-source technology produced by a firm overseas that would improve the processing speed and battery life of all Sirius Cybernetics devices. In this scenario, Sirius Cybernetics would be best served to embrace
A. open innovation.
B. closed innovation.
C. disruptive innovation.
D. radical innovation.
Answers
In the given situation, Sirius Cybernetics should be best served as the open innovation.
The information related to open innovation should be as follows:
The motive of using the inflows and outflow of the knowledge in order to accelerate internal innovation.It is also be used for diversifying the market for innovation purposes.It is for promotion purposes with respect to innovation & the awareness of the new and open technology source.It cannot be a closed innovation, disruptive innovation, and radical innovation.
Therefore we can conclude that Sirius Cybernetics should be best served as open innovation.
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ariffs
________ are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products.
Answers
Tariffs are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products. They are used as a tool to protect domestic industries and prevent foreign companies from taking over a domestic market.
The tariff is a tax levied on imported goods, which can raise the price of the imported item. Tariffs can make it more difficult for foreign companies to sell their goods in a particular market by making them more expensive than domestic products.
Tariffs are used to protect domestic industries from foreign competition and to increase government revenues. They are often implemented in order to protect the interests of domestic industries, but can also be used for political purposes such as retaliating against other countries for their trade policies.
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Police and prosecutors tend to have the most trouble finding witnesses in cases involving domestic violence, gangs, or drugs.
Why might witnesses in those cases avoid coming forward?
Instead of working on a case-by-case basis to convince one witness to testify, how could police encourage more witnesses to testify in general?
Answers
Answer: 123
Explanation:
Why because if you work it our it will make a lot of sense
PLS ANSWER FAST, I'LL GIVE BRAINLIEST
In the healthcare field, there are face-to-face types of jobs and behind-the-scenes jobs. What is the difference between the two? PLEASE give an example of each with your answer.
Answers
Answer:
The answer is below
Explanation:
Face-to-face types of jobs is usually a clinical job that involves the practice or activities of carrying out the diagnosis, treatment, and actual care. For example Physician, Nurse, Surgical Assistant, Medical lab technician, etc.
On the other hand, Behind-the-scenes jobs in the healthcare fields are usually non-clinical jobs, while it may involve interaction with the patients, it does not involve the practice of medical testing or treatments. For example Medical billers and Coders, Transcriptionists, Hospital executives, Receptionists, etc.
The difference between the two is that some doctors meet with the patient and observe their symptoms. Other doctors diagnose what a patient may have by using the knowledge the other doctors provide them with.
Example of a doctor who interacts with the patient face-to-face:
pediatrician
Example of a doctor who works behind the scenes:
Intensevist
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
Answers
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
The person being interviewed is known as:
A. potential employee
B. employee
C. job applicant
D. interviewee
Answers
Answer:
D
Explanation:
Franklin is planning for a purchase of a vehicle in two years. Since he wants to be
certain that his funds are safe (insured), which of the following should he use? *
O A credit card
O A mortage
O A loan
O A savings account
Answers
Answer: A Savings Account
Explanation:
Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions
Answers
The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.
"Gross pay" mean?Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.
Calculate my gross pay?Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.
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Why are the interest rates of U.S. Treasury notes less than the interest rates of equivalent corporate bonds?
A) The U.S. government has a high credit spread.
B) There is significant risk that the U.S. government will default.
C) U.S. Treasury securities are widely regarded to be risk-free.
D) U.S. Treasury securities are generally used to determine interest rat
Answers
The interest rates of U.S. Treasury notes are less than the interest rates of analogous corporate bonds because U.S. Treasury securities are widely considered to be risk-free. Thus, option C is correct.
The interest rates in the U.S. Treasury notes are much lower when compared with corporate bonds. Because they are one of the safest investments in the world with good returns and the investors will show interest to invest in the bonds because of the low-risk factor.
Investors mainly focus on virtually risk-free bonds, so they choose U.S. Treasury securities, and also the demand is also too high for these Treasury securities. The major reason is they lower their interest rates.
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True or False? A Mastercard credit card is an example of an open-end credit account.
Answers
Answer:
True
Explanation:
Using a credit card issued by a store, a bank card such as VISA or Mastercard, or overdraft protection are examples of open-end credit.Unless you pay off the debt in full each month, you will have to pay a high-rate of interest or other kinds of finance charges for the use of credit.
which of these is considered a major tax advantage of life insurance
Answers
A major tax advantage of life insurance is the tax-deferred growth of the policy's cash value.
Any interest or earnings generated by the policy's cash value are not subject to income tax until the policyholder withdraws or borrows from the policy. This can result in significant savings over time, especially for policies with a long-term investment horizon. In addition, life insurance death benefits are typically paid out to beneficiaries income tax-free, providing an important financial safety net for loved ones.
Furthermore, life insurance policies can be used to fund retirement income, with withdrawals being taxed on a first-in, first-out basis, meaning that policyholders can withdraw their cost basis tax-free before having to pay taxes on the policy's earnings.
Overall, the tax advantages of life insurance can make it a valuable tool for estate planning, wealth transfer, and retirement income planning. It's important to consult with a financial advisor or tax professional to determine how life insurance fits into your individual financial plan.
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If there is an even number of data, how is the median found?
the highest number is taken
The lowest number is taken
The sum of the two middle numbers is taken
The average of the two middle numbers is taken
Answers
Answer:
the average of two middle numbers
Explanation:
the median is the number in the middle of an arranged from smallest to largest number of a set of numbers
when you have an even number of data there is no 1 number in the middle so you take the average of the 2 middle numbers
savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of
Answers
Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.
What is Economies of scale?
It is a phenomenon that is observed when a company grows larger and becomes more efficient.
It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.
In conclusion, this is economies of scale.
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Give me 3 websites that sell legit sneakers (Jordans, Nike), for a cheap price.
Places other than Footlocker, Champs, Nike, FinishLine, Mercari, Goat, Stockx, Eastbay, and eBay!
Answers
Answer:
Explanation:
The 3 Best Places Online to Find Authentic Jordans on Salehttps://www.bradsdeals.com › cheap-jordans-for-sale
Jul 16, 2020 — Ever since Michael Jordan began slam-dunking from the free throw line in the 80s, his shoes have succeeded wildly as one of the most coveted ...
suppose demand increases by 10 percent. how would you react to this? assume that you can operate only 7 hours per day in regular time.
Answers
The demand for everything below, with the exception of: Amount delivered (B). The amount of a good or service that is supplied has no bearing on the amount that is bought of that good.
Which 10 factors influence demand are they?Quantity Demand (QD) = f (Prices of Goods or Services, Prices of Substitute/Complementary Goods and Services, Buyers' Tastes and Preferences, Buyers' Expectations of the Goods' Future Price, Change in Buyers' Real Incomes or Wealth, Buyers' Expectations of their Future Income and Wealth, Number of Buyers, Government).
How do you define "demand Mcq"?A consumer's desire to buy a commodity is referred to as the demand for goods or services.
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the population in the current year is 31.5 million and the real gdp is $814 million. the previous year's statistics were a population of 31 million and a real gdp of $800 million. the change in the standard of living, measured by growth in real gdp per person, is
Answers
The change in the standard of living, measured by growth in real GDP per person, is 0.35% increase.
To calculate this change, follow these steps:
1. Find the real GDP per person for the current year:
Real GDP per person (current) = Real GDP (current) / Population (current)
= $814 million / 31.5 million
≈ $25.87 per person
2. Find the real GDP per person for the previous year:
Real GDP per person (previous) = Real GDP (previous) / Population (previous)
= $800 million / 31 million
≈ $25.81 per person
3. Calculate the change in real GDP per person:
Change = (Real GDP per person (current) - Real GDP per person (previous)) / Real GDP per person (previous) * 100%
= ($25.87 - $25.81) / $25.81 * 100%
≈ 0.35% increase
The standard of living increased by 0.35% due to the growth in real GDP per person.
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plz help!!! ill mark brainliest hurryyyy
Answers
True or False - In 2013, less than 83% of people filed their taxes electronically.
true
false
Answers
Answer:
false because it was 73 percent
Explanation:
it was 73 percent
Answer:true. Had to retake because of the wrong answer
Explanation:
Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answers
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
Wassup Mrs. Lorenzo?
How is your day going? Mine is going great. I am sitting here in art class and am supposed to be working on a project, but I don't really want to. In fact, I don't really want to be in school. I hate school. My mom makes me go because she says classes like English are "important.” I'm all like "whatevs mom.” English is stoopid. Video games are where it’s at.
Anyway, I was looking online
and it looks like you messed up my grade. You need to change it back immediately or I will get in trouble. Can you explain this. Take care of this asap. Please and thx
can one of y’all help
me rewrite this
Answers
Answer:
Explanation:
before I write it, I don't really know how formal you want this to be....but here's a formal one?
Dear Mrs Lorenzo,
I hope you're having a great day. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
Yours sincerely,
whatever your name is
I'm guessing that would be formal enough if it was a school teacher, but I'm surprised you're putting all of this "i hate school" stuff in a letter to your teacher? But hey, if only I could be that frank with my teachers lol
Hope this helped - stay strong through school lol it'll be over one day
Answer:
Explanation:
Dear Mrs Lorenzo,
I hope this letter finds you well. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
P.S your my favorite teacher dont tell the others
The management of the Executive Furniture Corporation decided to expand the production capacity at its Des Moines factory and to cut back production at its other factories. It also recognizes a shifting market for its desks and revises the requirements at its three warehouses. (a) Use the northwest corner rule to establish an initial feasible shipping schedule and calculate its cost. (b) Use the stepping-stone method to test whether an improved solution is possible.
Answers
The Northwest Corner Rule is a method used to solve transportation problems. It is used to establish an initial feasible shipping schedule.
This method starts by allocating the maximum available supply of each source to the destination with the highest demand, and then proceeds by allocating the remaining quantities to the destinations with lower demands. The cost of the shipping schedule is then calculated.
The Stepping-stone Method is another method used to solve transportation problems. It is used to test whether an improved solution is possible. This method tests the feasibility of potential solutions by making incremental changes in the solution.
If a change improves the cost of the solution, then the change is accepted and the process is repeated. If a change does not improve the cost of the solution, then the change is rejected and the process is repeated.
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A small open economy with perfect capital mobility is characterized by all of the following except that: A) its domestic interest rate always exceeds the world interest rate. B) it engages in international trade. C) its net capital outflows always equal the trade balance. D) its government does not impede international borrowing or lending,
Answers
A small open economy with perfect capital mobility is characterized by all of the following except that (A) its domestic interest rate always exceeds the world interest rate.
A country's open economy is a system that combines domestic and foreign trade by allowing the unrestricted flow of goods and services, as well as capital and labor, across borders. International trade, such as imports and exports, is important in an open economy, and it often contributes to the country's economic growth. A small open economy is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate. A small open economy is defined as a country that is open to trade and has a high degree of capital mobility. Open economies can trade with other countries, and there are no trade barriers, such as tariffs or quotas, between them.The perfect capital mobility definition: Capital mobility refers to the ease with which capital can be exchanged between two countries. When a country has unrestricted access to capital, it is said to have perfect capital mobility.
A small open economy with perfect capital mobility implies that the country is free to borrow or lend internationally without any constraints. The country's interest rate would be equivalent to the world interest rate in a perfect capital mobility setting. The interest rate in a small open economy with perfect capital mobility would not exceed the world interest rate.
Therefore, a small open economy with perfect capital mobility is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate (option D).
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what effect will a sudden increase in the volatility of gold prices have on interest rates?
Answers
The increased volatility of gold prices makes bonds relatively less risky relative to gold and causes the demand for bonds to increase and interest rates fall.
Supply and demand, interest rates (and expectations for interest rates), and investor behavior with regard to risk all influence the price of gold. Although it sounds straightforward, the way those elements interact is occasionally perplexing. For instance, a lot of investors view gold as a hedge against inflation.
Given that paper money loses value as more is issued but gold's supply remains fairly stable, this has some element of realism. The link between gold and inflation is, however, at best tenuous. The short-term performance of gold is much better predicted by interest rates and overall market volatility.
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu," what would happen to the demand curve for chicken? What good or service is being changed in the scenario? What is the determinant of demand that caused the change?
Answers
Answer:
If such a headline was published, the demand for chicken and its byproducts would plummet. The demand curve would shift to the left, meaning that the quantity demanded would decrease at all price levels.
The quality of the chicken and its byproducts has changed here, since they would turn into potentially unhealthy food.
The determinant of the demand for chicken products that is altered by this article is consumer preferences. The health of consumes is at risk, which would alter their preferences due to fear of getting sick.
BRIEF EXERCISE 3. 2 Recording Transactions in a Journal & LO3-3LO3-4, GLO3-5
Record the following selected transactions in general journal form for the Weston Gastroenterology Glinic. Include a brief explanation of
the transaction as part of each journal entry.
Page 123
May 1
May 4
May 12
May 19
The clinic Issued 1,000 additional shares of capital stock to Doctor Weston at $75 per share.
The clinic purchased scoping equipment. The equipment cost $90,000, of which $30,000 was paid in cash; a note!
Issued a check for $2. 400 In full payment of an account payable to Leah Laboratories.
Purchased office supplies on account for $240. Payment is due in full by June 10.
May 25 Collected a $15,000 account receivable from the Goosinger Medical Insurance.
May 31 Declared and paid a $50,000 cash dividend to stockholders.
Answers
The journal entry for the Weston Gastroenterology Glinic will be as follows: May 1 Bank debit to shares 75000, May 4 Scoping equipment Ac. debit to cash Ac. 30000 to amount outstanding 60000.
.
More about journal entry :
The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details. Other Journal Entries are as follows:
May 12 Leah Ac. debit to bank ac. 2400,
May 19 Office supplies Ac. debit to Amount outstanding 240
May 25 Account receivable Ac. debit to Goosinger Ac. 15000
May 31 Stockholders Ac. debit to cash Ac. 50000
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What is one thing that you wanted to achieve me to graduate college will complete your other post secondary training and education
Answers
It is basically to obtain a degree or complete a specialized training in a field of interest in order to add value to my desired goals.
What is the objective of graduating from college?The primary goal of graduating from college or completing post-secondary training is to acquire the knowledge, skills, and qualifications necessary for your desired career path. By obtaining a degree or relevant certifications, one can enhance one's job prospects, increase one's earning potential, and gain a deeper understanding of one's chosen field.
Additionally, post-secondary education often provides opportunities for personal growth, networking, and building a foundation for lifelong learning. It can broaden one's horizons, expose one to new ideas, and help one develop critical thinking, problem-solving, and communication skills.
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