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Earnings and Profits balances place the upper limit on the amount of dividend that shareholders must recognize for tax purposes. If a corporation does not have enough E & P, then it is a return of capital, which reduces the shareholders basis or it is teated as a capital gain taxable amount if no basis is available. Please provide an argument for either making all dividends taxable and forget about E & P; or provide an argument to make all dividends payments to be treated as a return of capital to the limit of the shareholder's basis and capital gain if not enough basis. How would investor feel about this change in the regulations?
ACCT212 Project 2: Financial Statement Analysis-YUM! Brands, Inc. Description: Using the financial statements for YUM! Brands, Inc. located in Appendix A of your Textbook, you will calculate Vertical and Horizontal Analysis and the Financial Ratios ..
payroll and payroll taxes the payroll of the rand company on december 31 of the current year is as follows 1 total
the following are the summarized balance sheets of m ltd. and n ltd m ltd. n ltd. m ltd. n ltd. rs. rs. rs. rs. share
heller corporation uses the weighted-average method in its process costing system. data concerning the first processing
1. what is the amount of the payments that ned winslow must make at the end of each of 8 years to accumulate a fund of
What impact does this transition have on the firm's current ratio if the initial current ratio equaled 1?
Under a perpetual inventory system, record all of the journal entries required for the above transactions
a parcel of land that was originally purchased for 170000 is offered for sale at 300000 is assessed for tax purposes at
Which one of the following is NOT an example of Financial Risk?
explain how understanding of a clients business can provide value-added services that an auditor could use to assist a
pinnini co. uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.
Management of Berndt Corporation has asked your help as an intern in preparing some key reports for August. The beginning balance in the raw materials inventory account was $33,000.
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