On June 1, 2021, Blue Co. distributed to its common stockholders 200,000 outstanding common shares of its investment in Red Inc. which is an unrelated party. The book value on Blue's books of Red's $1 par common stock was $2.00 per share. Immediately after the declaration, the market price of Red's stock was $2.50 per share. In its income statement for the year ended June 30, 2021, what amount should Blue report as gain before income taxes on disposal of the stock?

The legal form of business ownership that is owned by many people is called a

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.

How is challah bread made? if i have to dabble the recipe?