Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers. A. Franchises benefit from the successful marketing provided by franchisors.

B. Franchises have lower start-up costs than other small businesses

C. Franchises have more control over the goods and services that they provide.

D. Franchises have a lower 5-year failure rate than other small businesses

E. Franchises are less expensive to operate than other small businesses.

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?