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Pankee Inc., was originally formed as a C corporation and made an S election 5 years ago. Which of the following statements correctly describes the taxability of Pankee's distributions to its shareholders?
A distribution to the shareholders will be taxable to the shareholders, if it is treated as coming from the S corporation's accumulated adjusted account and represents an amount already taxed to the shareholders
A distribution to the shareholders will be nontaxable to the shareholders, if it is treated as coming from the S corporation's accumulated adjusted account and represents an amount already taxed to the shareholders
A distribution to the shareholders will be nontaxable to the shareholders, if it is treated as coming from the S corporation's accumulated earnings and profits, earned during its years as a C corporation
A distribution to the shareholders will be nontaxable to the shareholders regardless of whether it is treated as coming from the S corporation's accumulated adjusted account or its accumulated earnings and profits
create an ms powerpoint presentation in which you describe the current state of your selected companys supply chain and
How many cells should the company plan to produce to satisfy predicted demand under these conditions? Assume 242 workdays per year.
How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.4 minutes per piece if the goal is to estimate the mean time per piece to within .2 minute with a confidence of 95.5 percent?
What factors operate in the VDOT's general and specific/internal environment and what impact did this have on the VDOT's effectiveness.
MERCOSUR (the major Latin American trade agreement) has encountered problems in its efforts to expand into more of South America. What issues has this free trade pact encountered specifically and what issues might other trade pacts encounter in gener..
The company agrees to accept $10,000 as payment in full. This is an example of what type of discharge of the contract?
Project Manager Paul is purchasing 100 laptops and 20 desktop computers for her project, and the delivery of the computers is time-critical. Billie Jo would like to provide an incentive to the seller for the timely delivery of the computers. Paul, al..
Using the Internet or library resources, discuss at least two examples of how companies are using an HR Scorecard to help create HR systems that support the company's strategic aims. Do all managers seem to mean the same thing when they refer to "HR ..
Use a real-life example of when senior managers must create new strategic plans in order to address a legal, ethical, or corporate social responsibility issue. Elucidate how might new strategic planning have impacted planning done by managers thro..
You have messages to send and while you consider how best to accomplish this Lou walks by as he returns from his regular break. It has been about a month since Noreen started work at the company
Create also define a management performance plan, linking action plans to issues of motivation, empowerment, training also coproduction with patients also families.
An Electric Company estimates its demand trend line (in millions of kilowatt hours) to be D = 79 + 0.52 Q, where Q refers to the sequential quarter number and Q=1 for winter 2000.
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