Distributions from corporations to the shareholders in a nonliquidating distribution will usually be classified as a dividend up to the amount of the corporation's
A) earnings and profits.
B) retained earnings.
C) taxable income for the year.
D) stock basis.
A) earnings and profits.
A distribution is considered a dividend to the extent of current and accumulated earnings and profits.
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The strategic market planning process begins with a careful assessment of market attractiveness and competitive position for each product-market that a business serves or is considering serving
Indicate whether the statement is true or false
What primarily encouraged the creation of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
a. news reports about fraud by government contractors b. the need to encourage whistleblowers in the financial industry c. the financial crisis that began in 2007 d. the success of the False Claims Act
U-Frame-It is a small company that has hired a local ad agency to put together an advertising campaign. Which of the following questions should be answered first?
A) What percentage of the budget should be allocated to U-Frame-It radio ads? B) Which type of media vehicle is most appropriate for U-Frame-It ads? C) What are the media objectives of U-Frame-It? D) How does U-Frame-It's competition advertise? E) What is the demographic of U-Frame-It's customer base?
Which of the following is true of the buyer's remedies under the CISG?
A. The right to recover damages is not lost if a buyer exercises any other available remedy. B. The right to recover can only be availed after the seller is given a period of grace in which to comply. C. The right to recover does not include reduction in price of the goods. D. The type of remedy applicable in a case depends on whether the seller's breach affects the whole contract or only a part.