All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the following manner: Zack 27%, Xu 24.33%, Yvonne 24.33%, and Win 24.33%. Some of Zack's stock holdings are redeemed by Sphere Corporation, resulting in Zack's interest being reduced to 22.27%. Xu, Yvonne, and Win owned equally the remaining 77.73% of the Sphere stock. How should the redemption of Zack's

stock be treated by Zack?

A) dividend income
B) sale transaction
C) return of capital
D) some other treatment


B) sale transaction

Business

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Which of the following core values strongly influences the attitudes and lifestyles of Americans?

a. Structural mobility b. Self-sufficiency c. Nonconformity d. Self-dealing

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Which of the following is most likely a manufacturer-sponsored retailer franchise system?

A) international fast food chains like McDonald's and Pizza Hut B) Starbucks outlets operating within Target stores C) Toyota and its network of independent franchised dealers D) licensed bottlers that bottle and sell soft drinks to retailers E) hotel chains like the Ritz Carlton and Shangri-La

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List and give an example of each of the four types of performance standards.

What will be an ideal response?

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With all the electronic gadgets and apps available to the modern professional worker, the prioritized to-do list has lost much of its effectiveness

Indicate whether the statement is true or false.

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