subject
Business, 01.04.2020 20:44 chasedehlin3999

Since 2006, ben has owned all 100 outstanding shares of n and m corporation's stock. ben's basis for the stock is $50,000. in 2017, n and m have earnings and profits of $100,000. the corporation redeemed 25 shares of ben's stock for $75,000 in 2017. how will ben report this?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:50
Identify which of the twelve basic functions listed below fit the description given.
Answers: 1
question
Business, 22.06.2019 02:00
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?
Answers: 2
question
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
question
Business, 22.06.2019 21:30
Consider the following three bond quotes; a treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. if the treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? multiple choice $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $872.50, $1,024.20, $5,072.50, respectively $1,000, $1,000, $1,000, respectively
Answers: 3
You know the right answer?
Since 2006, ben has owned all 100 outstanding shares of n and m corporation's stock. ben's basis for...
Questions
question
Mathematics, 22.07.2019 21:00
question
Advanced Placement (AP), 22.07.2019 21:00
question
Advanced Placement (AP), 22.07.2019 21:00
question
Mathematics, 22.07.2019 21:00
question
Mathematics, 22.07.2019 21:00