Crossroads corporation distributes $60,000 to its sole shareholder harley. crossroads has earnings and profits of $55,000 and harley's basis in her stock is $20,000. after the distribution, harley's basis isa.$5,000.b.$20,000.c.$15,000.d.$6 0,000.

The simple interest in a loan of $200 at 10 percent interest per year is

After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.