List at least three criteria a corporation must meet for the IRS to grant the business an S-corporation status.
What will be an ideal response?
Answers will vary, but the list of criteria include the following: * No more than 100 stockholders * Stockholders must be individuals, estates, or certain trusts * Only one class of outstanding stock * Must be a domestic corporation eligible to file for S-corporation status * No partnerships, corporations, or nonresident-alien stockholders * All stockholders must agree to the decision to form an S-corporation
You might also like to view...
________ is a method of configuring a spatial map such that the spatial map represents both brands or stimuli and respondent points or vectors and is derived solely from the preference data
A) Metric analysis of preferences B) Correspondence analysis C) Internal analysis of preferences D) External analysis of preferences
Briefly explain the concept of brand equity
What will be an ideal response?
Offering a promotion during a peak period that has significant forward buying
A) creates a desirable demand pattern. B) creates a demand pattern less costly to serve. C) creates a demand pattern even more costly to serve. D) shifts demand from the peak period to the slow period.
Which of the following is a common risk avoidance and mitigation strategies?
A) assigning the best human resources available to reduce a specific type of project risk B) choosing an alternative technical approach to avoid risk exposure C) subcontracting a specific deliverable to a third-party D) all of the above