Which set of items below are classified as current assets?
A) Accounts receivable, Net income, Inventory, and Dividends
B) Cash, Accounts receivable, Capital stock, and Sales
C) Net income, Cash, Office supplies, and Inventory
D) Cash, Accounts receivable, Inventory, and Office supplies
D
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Regina wants to position her financial services company. Regina can position her services according to all of the following except
A. competitive comparisons. B. profitability. C. symbols. D. the value proposition. E. product attributes.
________ is economic growth and development that meet an organization's present needs without harming the ability of future generations to meet their needs.
A. Ergonomic development B. Ethnocentric growth C. Legal responsibility D. Ethnocentric management E. Sustainable growth
Conduct on the part of the plaintiff which falls below the standard to which he should conform for his own protection and which cooperates with the negligence of the defendant in bringing about the plaintiff's harm is:
A) comparative negligence. B) contributory negligence. C) res ipsa loquitur. D) voluntary assumption of the risk.
Wonder Corporation declared a common stock distribution to all shareholders of record on September 30, 20X3. Shareholders will receive three shares of Wonder stock for each five shares of stock they already own. Diana owns 300 shares of Wonder stock with a tax basis of $90 per share (a total basis of $27,000). The fair market value of the Wonder stock was $180 per share on September 30, 20X3. What are the tax consequences of the stock distribution to Diana?
A. $0 dividend income and a tax basis in the new stock of $56.25 per share. B. $10,800 dividend and a tax basis in the new stock of $180 per share. C. $0 dividend income and a tax basis in the new stock of $180 per share. D. $0 dividend income and a tax basis in the new stock of $67.50 per share.