Clifton Corporation acquired all of the outstanding Gillion stock on January 1, Year 1, for $2,400,000. The parties immediately elected to file consolidated Federal income tax returns. Gillion reported a Year 1 taxable loss of $250,000, but it generated $400,000 taxable income in Year 2 and $180,000 in Year 3. Gillion paid a $100,000 dividend to Clifton in Year 2 and a $300,000 in Year 3.

Compute Clifton's stock basis in Gillion on the last day of each of the indicated tax years.

Year 1: $
Year 2: $
Year 3: $

Sara is a manager at a restaurant with employees from different cultural backgrounds. which action of sara could employees perceive as an act of favoritism?

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.