Is b-flat a personal holding company

Assignment Help Financial Management
Reference no: EM132359953

Question :

B-Flat Music Supplies Ltd. earned dividends of $30,000, interest of $12,000, adjusted rent of $50,000, and gross income from its primary business of $63,000 in one taxable year.

a. Is B-Flat a personal holding company?

b. If the dividend income was $35,000, is B-Flat a personal holding company?

Reference no: EM132359953

Questions Cloud

Capital llc was even more pessimistic : Eric Jackson of Ironfire Capital LLC was even more pessimistic. His presentation "The End Game of the New York Times" made the following observations:
Calculate the amount to be included in frankies assessable : With reference to relevant legislation and case law determine which of the receipts listed are classified as ordinary income or statutory income.
Identify the current issues facing the dab : Describe the Defense Acquisition Board and its role in acquisitions. And identify the current issues facing the DAB?
Reveal the nature of the business : When reading the mission statement does it reveal the nature of the business? Include the mission statement
Is b-flat a personal holding company : B-Flat Music Supplies Ltd. earned dividends of $30,000, interest of $12,000, adjusted rent of $50,000, and gross income from its primary business.
Why is wto important : Why is WTO important? What has the organization done to promote trade? What benefits are there for members?
Implementation of the proposed compliance program : State 2 structural training topics you could include in training staff for the implementation of the proposed compliance program.
Describe six communication mediums : Describe six communication mediums that might be used to establish regular communication with customers.
Compute the number of units that must be sold to break even : If we use the contribution margin approach compute the number of units that must be sold to break even? A new product xlv7 is being planned.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd