Answer:
Nice Peolple
Explanation:
Because They Work Hard ⇔∑∑⊃⇵βΔ
Answer: C.Any percentage less than 50 percent
Explanation:
In relation to the law on meeting the criteria to be treated as an exchange under the "substantially disproportionate" test as stipulated by U.S. Code § 302.Distributions in redemption of stock, Sam must own the lesser of 2 options of Club Corporation stock;
1. Less than 50% of the stock after the redemption
2. Less than 80% of Sam's previous ownership percentage
= 80% * 70%
= 56%
The lesser option is that of owning less than 50% so Sam must own less than 50% of stock after the redemption to meet the requirement to be treated as an exchange under the "substantially disproportionate" test.
Answer:
Any excess funds above those required to pay-off encumbrances realized at a foreclosure sale belong to common stockholders.
Explanation:
Common stockholders are the legal owners of a company. Any excess funds realized at a foreclosure sale are distributed to common stockholders.
Answer:
A. Market Timing
Explanation:
Based on the information provided within the question it can be said that the term being described within the question is called Market Timing. Like mentioned in the question this term refers to a strategy of buying and selling different financial assets, usually by trying to take advantage of price discrepancies in the short term.
Answer:
Total= 38,880 pounds
Explanation:
Giving the following information:
Production= 870 units
Required quantity= 44 pounds of clay
Beginning inventory= 3,900 pounds
Desired ending inventory= 4,500 pounds.
To calculate the direct material quantity required, we need to use the following structure:
Budgeted direct material (in pounds):
Production= 870*44= 38,280
Desired ending inventory= 4,500
Beginning inventory= (3,900)
Total= 38,880 pounds
