Penish and Sagen Corporations have filed consolidated tax returns for several calendar years. At the close of business on September 30, 2018, Penish Corporation sells all of its Sagen stock to June. What are the tax consequences to each corporation?
What will be an ideal response?
All of Penish's income is included in the consolidated tax return for 2018. Only nine months of Sagen Corporation's income is included in the consolidated tax return for 2018. Sagen must also file a separate tax return for the period October 1 through December 31, 2018.
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Bradley is a media consultant for a statewide political campaign. His primary strategy is customizing messages for different segments of the population based on demographics and other relevant characteristics. Beyond that, he designs messages that he believes his target audience will be likely to share with those who are harder to reach. Which quality of new media does this best exemplify?
a. two-way b. novel c. technologically advanced d. individualized
Text messaging should not be used for which of the following business messages?
a. An efficient delivery of a sales message. b. A quick and silent updating message to a colleague in a meeting. c. A confirmation of an appointment to a coworker on a business trip. d. A less emotional way to tell a subordinate he did not receive a desired promotion.
Zebra Toy Company invests a large sum of money in retail stores located in a foreign country. Zebra intends to bring its foreign earnings back home to the United States. This practice is known as:
a. repatriation of profits. b. inflow profit streaming. c. expropriation. d. comity.
Which of the following is the best example of a physical constraint on the sales and operations plan?
A) inventory storage space B) level of backorders C) use of overtime D) safety stock levels