Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows. Indicate where, if at all, a stock dividend declared and issued would be classified on the statement of cash flows.
a. Does not represent a cash flow.
b. Financing activities section.
c. Investing activities section.
d. Operating activities section.

Answers

Answer 1

Answer:

b. Financing activities section.

Explanation:

Paid dividends are part of the financing activities of a cash flow statement since they affect the company's paid in capital. This section also includes any stocks issued or repurchased, as well as any changes in the company's long term debts. The company's statement of cash flows generally begins with operating cash flows, then investing cash flows and finally financing cash flows.


Related Questions

The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of 50. The lead time for the component is 9 days. If a service level of 95% is desired then the company's reorder point for this component would be approximately Group of answer choices

Answers

Answer:

4,747

Explanation:

The computation of the reorder point is shown below:-

Reorder Point = Average Daily demand × Lead time + ( Service level × (Average lead time × standard deviation of demand^2 )^ 0.5

For service probability level of 95% is 1.64

= 500 × 9 + 1.64 × (9 × 50^2)^0.5

= 4,500 + 1.64 × 150

= 4,500 + 247

= 4,747

Therefore for computing the reorder point we simply applied the above formula.

Gary Sirota sees the proposed Bajagua Project as a win-win scenario for the public due to the larger treatment capacity of the proposed plant and the lower cost per gallon. How might Serge Dedina respond

Answers

Answer:

the private sector should never build a plant, regardless of benefits, because water is a public resource that needs public oversight

Explanation:

The win-win situation refers to the situation in which each one is happy as a result that arrives is best and beneficial for the company

Since in the question,  it is mentioned that there is a win-win scenario as there is a larger treatment for the public at a lower cost per gallon

Therefore by this, the private sector should never develop that plant i.e water as it is a resource that is consumed by the public irrespective of their benefits

disadvantages of modern cutting crops ​

Answers

Answer:

The need of soil..........

Answer:

Hey... Mayb your question meant about modern farming..

Explanation:

1)water retaining capacity of the soil decreases.

2)pesticides may kill useful insects

3)money spent on agriculture increases

4)it is not sustainable.

5)they pollute the environment.

Here u go!!

TYSM...

,

Sandra has been working for six months at TUV Technologies. During that time she has compiled an impressively long list of names, addresses, phone numbers, and products purchased by customers. To access and search through this information quickly and efficiently, she could store it in a(n) _____.

Answers

Answer:

A query is a request for the database management software to search the database for data that match criteria specified by a user.

Explanation:

Janet and Chrissy want to move into an apartment near their school. They have agreed to divide all costs equally. They plan to use a broker to find their apartment. The broker charges 20% of the first month's rent as a finder's fee. Their first choice apartment rents for $850.00 per month. The landlord requires the first month's rent plus a security deposit of 1.5 month's rent. How much money will Janet need in order to move in to this apartment?

Answers

Answer: $1147.50

Explanation:

Monthly apartment fee = $850

Broker's charge = 20% of first month fee

Security deposit = 1.5 months rent

Therefore,

Broker's fee = 20% × $850

= 0.2 × $850 = $170

Security deposit = 1.5 × $850 =$1275

Total fee = $850 + $1275 + $170 = $2295

Since Chrissy and Janet are sharing the fee equally:

Janet's share :

50% of $2295 = $1147.50

Mountain Gear has been using the same machines to make its name brand clothing for the last five years. A cost efficiency consultant has suggested that production costs may be reduced by purchasing more technologically advanced machinery. The old machines cost the company $360,000. The old machines presently have a book value of $136,000 and a market value of $28,000. They are expected to have a five-year remaining life and zero salvage value. The new machines would cost the company $260,000 and have operating expenses of $19,000 a year. The new machines are expected to have a five-year useful life and no salvage value. The operating expenses associated with the old machines are $46,000 a year. The new machines are expected to increase quality, justifying a price increase, and thereby increasing sales revenue by $26,000 a year. Select the true statement.

A. The company will be $44,000 better off over the 5-year period if it replaces the old equipment.

B. The company will be $72,000 better off over the 5-year period if it keeps the old equipment.

C. The company will be $33,000 better off over the 5-year period if it replaces the old equipment.

D. The company will be $28,000 better off over the 5-year period if it replaces the old equipment.

Answers

Answer:

C. The company will be $33,000 better off over the 5-year period if it replaces the old equipment.

Explanation:

keep old machine:

operating expenses = $46,000 x 5 = $230,000

new machine:

purchase cost $260,000 - $28,000 = $232,000

operating expenses = $19,000 x 5 = $95,000

increase in revenue $26,000 x 5 = $130,000

if new machine is purchased, operating costs decrease by $135,000, revenues increase by $130,000, but investment outflows increase by $232,000 ⇒ $135,000 + $130,000 - $232,000 = $33,000

Suppose the price for one gallon of gasoline rises from $3.50 to $4.00 and the price of one gallon of milk rises from $3.00 to $3.20 . If the CPI rises from 120 to 132, then people likely will buy:_________.
a. more gasoline and more milk.
b. more gasoline and fewer milk.
c. less gasoline and more milk.
d. less gasoline and fewer milk.

Answers

Answer:

c. less gasoline and more milk.

Explanation:

The increase in price of gasoline = $3.50 to $4

The increase in price of milk = $3 to $3.20

The increase in CPI = 120 to 132

Current price as per CPI of Gasoline should be = (132 /120) * $3.5 = ($3.85)

The price of milk considering the CPI = (132/120) * $3 = 1.1*3 = $3.3

Since the actual price of milk is lower than the price of $3.3. thus more of milk will be demanded. So option c. “less gasoline and more milk”  is correct.

Drag and drop pricing approaches against the corresponding examples of the approaches.
1. Cost-oriented drop zone empty.
2. Competition-oriented drop zone empty.
3. Demand-oriented drop zone empty.
4. Profit-oriented drop zone empty.

Answers

Answer:

1. Cost - oriented => Economic or value added

2. Competition - Oriented => Price Penetration

3. Demand - Oriented => Price Skimming

4. Profit - Oriented => Premium pricing

Explanation:

Price penetration is a strategy in which low price is charged when the product is introduced in the market and then gradually the prices may rise. This strategy is best suited for competition oriented environment. Premium pricing is a strategy in which high prices are set for goods and then the same price level is maintained for the product. This is best for niche players in the business who capture around 80% of market share and those markets where the competition is near to none.

A company had the following treasury-stock related account balances: Treasury Stock - $150,000 Paid-in Capital from Treasury Stock Transactions - $15,000 If the company resells Treasury Stock that originally cost $50,000 for $40,000, then __________.

Answers

Answer: If the company resells Treasury Stock that originally cost $50,000 for $40,000, then paid-in capital from treasury stock transactions is reduced by $10,000.

Explanation:

Given: A company had the following treasury-stock related account balances: Treasury Stock - $150,000

Paid-in Capital from Treasury Stock Transactions - $15,000

If the company resells Treasury Stock that originally cost $50,000 for $40,000.

$40,000< $50,000 implies reduction in paid-in capital from treasury stock.

i.e. Reduced Paid-in Capital from Treasury Stock Transactions = $50,000- $40,000

= $10,000

So, if the company resells Treasury Stock that originally cost $50,000 for $40,000, then paid-in capital from treasury stock transactions is reduced by $10,000.

Carl is furious that the elderly get special senior-citizen discounts on goods and services while young people don't. The name for the issue Carl is discussing is_____. Question 70 options:

Answers

Answer: Intergenerational equity

Explanation: Equity simply preaches fairness whereby the allocation and sharing of resources, privilege and other related issues is devoid of partiality. Intergenerational equity looks into the idea of fairness between members of certain generations and age groups whereby the resource allocation and privilege afforded to individuals is devoid of favoritism on the basis of age group or generation. In the scenario above, Carl is of the opinion that intergenerational equity should be in play such that benefits afforded to elderly also incorporates the youth.

An agent is selling a new issue of a non-exempt security to a customer. In order to make it easier for the customer to understand the risks of the investment, the agent highlights the "Important Risk Factors" section of the prospectus before giving it to the customer. Which statement is TRUE about this action

Answers

Answer: b. This action is a violation of the Uniform Securities Act

Explanation:

Most terms people carry out in doing business is a breach on the policies of the other party and which is not healthy for the business society, clients should get to understand when they are crossing the line in carrying out task and do the right thing, violations can lead to law enforcement which would not be pleasurable for the party involved.

In a long period of economic expansion, the tax revenue collected _____ and the amount spent on welfare programs _________, creating a budget ________. Group of answer choices increases, decreases, deficit decreases, increases, deficit increases, increases, surplus increases, decreases, surplus decreases, decreases, surplus

Answers

Answer:

increases, decreases, surplus

Explanation:

In a long period of economic expansion, the income earned by individuals would higher, so the amount of tax earned would increase also. Also, In a long period of economic expansion, unemployment would be reduced so the government would spend less on welfare programs

when government revenue exceeds expenditure, there is a surplus.

As a financial responsibility, the sponsoring broker must keep a journal

for each seller client.

that is filled out once per year.

that is in the back of the employee manual.

for each escrow account.

Answers

The answer is for each escrow account.

Which of these statements is correct?
A. In science, a hypotheses is an absolute truth.
B. Science does not require observations that other people can confirm.
C. Science can be used to prove or disprove the idea that deities or spirits cause earthquakes and other natural disasters.
D. Scientific ideas are subjected to repeated testing.
E. Only discovery science can lead to important conclusions about nature.

Answers

Hi there! Hopefully this helps!

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The answer is D.

"Which of these statements is correct?"; Scientific ideas are subjected to repeated testing.

Pat is a rich boy whose parents supply him with every conceivable necessity of life. While still a minor, Pat buys a coat on credit from a men's store for $5,000. After wearing the coat for a while, Pat decides that it bores him and that he would like to disaffirm. Which of the following is most likely to be true? Assume that Pat is still a minor.
A. Pat can disaffirm the contract, but the store will sue him for deceit.
B. Pat cannot disaffirm the contract, and he is liable for the full price of the coat ($5,000).
C. Pat cannot disaffirm the contract, but he is liable only for the reasonable value of the coat.
D. Pat can disaffirm the contract, and he must return the coat.

Answers

Answer:

A

Explanation:

Generally speaking, a minor may disaffirm a contract at any time during minority or for a reasonable time after the minor comes of age. When a minor disaffirms a contract, all property that he or she has transferred as consideration can be recovered -- even if it was subsequently transferred to a third party. But to say something is disaffirm is to say it never exsited so therefore the store would be able to sue.

Offshore oil-drilling operations entail an unavoidable risk of an oil spill, but importing oil on tankers presently entails an even greater such risk per barrel of oil. Therefore, if we are to reduce the risk of an oil spill without curtailing our use of oil, we must invest more in offshore operations and import less oil on tankers.

Which of the following, if true, most seriously weakens the argument above.

A) Tankers can easily be redesigned so that their use entails less risk of an oil spill.
B) Oil spills caused by tankers have generally been more serious than those caused by offshore operations.
C) The impact of offshore operations on the environments can be controlled by careful management.
D) Offshore operations usually damage the ocean floor, but tankers rarely cause such damage.
E) Importing oil on tankers is currently less expensive than drilling for it offshores.

Answers

Answer:

A) Tankers can easily be redesigned so that their use entails less risk of an oil spill.

Explanation:

The option that if true most seriously weakens the argument above is: tankers can easily be redesigned so that their use entails less risk of an oil spill because the statement says that importing oil on tankers entails a greater risk of an oil spill than offshore oil-drilling and the option chosen directly talks about that and says that the tankers can easily be redesigned to decrease the risks of an oil spill which goes against the argument given.

The other options are not right because the options B and C support the argument given. Also, options D and E doesn't talk about oil spill which is the topic on the argument presented.

When going into a partnership, you should always:_________.
a. put all terms of the partnership into writing in a partnership agreement.
b. make sure that you have limited liability while you are in charge.
c. make sure all the profits are reinvested into the company.

Answers

Answer: A. put all terms of the partnership into writing in a partnership agreement.

Explanation:

The most important terms in a partnership agreement is ensuring that all terms are noted down and binded legally, this is to help partners know when need to do something and don't feel cheated or be cheated by someone or something. Avoidance of reaching out to terms noted down will further make things complex either when the business is growing or when there is need to shutdown or during operations.

What are some of the possible consequences of financial distress? I) Bondholders, who face the prospect of getting only part of their money back, will likely want the company to take additional risks. II) Equity investors would like the company to cut its dividend payments to conserve cash. III) Equity investors would like the firm to shift toward riskier lines of business.

Answers

Answer:

III) Equity investors would like the firm to shift toward riskier lines of business.

Explanation:

Financial distress refers to the situation at which the organization not able to generate the profit as it is not able to meet or pay the financial debts. This occurs when the fixed cost is high, liquid assets leads to be sensitive in nature which results in downturns of an economic system

Hence, the third option is correct as the firm would shift to the riskier business lines

Paradise Travels is an all-equity firm that has 6,000 shares of stock outstanding at a market price of $34 a share. The firm's management has decided to issue $40,000 worth of debt and use the funds to repurchase shares of the outstanding stock. The interest rate on the debt will be 7 percent. What are the earnings per share at the break-even level of earnings before interest and taxes? Ignore taxes.

Answers

Answer:

$2.38

Explanation:

Number of shares purchased

= $40,000 / $34

= $1,176

EBIT / 6,000 = [EBIT - ($40,000 * 0.07)] / (6,000 - 1176)

EBIT / 6,000 = (EBIT - $2,800) / 4,824

4,824 EBIT = 6000 EBIT - $16,800,000

1,176 EBIT = $16,800,000

EBIT = $14,285.71

Earning per Shares at Break-even level of earning

= [EBIT - ($40,000 * 0.07)] / (6,000 - 1,176)

= ($14,285.71 - $2,800) / 4,824

= $11,485.71 / 4,824

= $2.38

Sales associate A and sales associate B work for the same firm. They agree to divide their region into an eastern half and a western half; sales associate A will handle listings in the east, and sales associate B will handle listings in the west. Which statement is TRUE

Answers

Answer: C)  The agreement does not violate antitrust laws.

Explanation:

Anti-trust laws in the United States are laws enacted at both federal and state level with the aim of protecting consumers by ensuring fair competition amongst firms. As such, these laws target things such as monopolies, price fixing and market allocation.

The sales associates are currently engaging in market allocation. However, this does not violate anti-trust laws because they work for the same firm and will be offering the same services and prices to people in either area and it is still the same firm covering both areas.

A company uses the weighted-average method for inventory costing. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 100% complete for materials and 68% complete for conversion. The equivalent costs per unit are materials, $2.58, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

Answers

Answer: $77,444

Explanation:

Given the following :

Ending work in process inventory = 19,000 units

Complete for materials = 100%

Complete for conversion = 68%

Equivalent cost per unit (material) = $2.58

Equivalent cost per unit (conversion) = $2.20

Cost of ending work in process inventory (materials) :

Cost per unit (material) * (ending work in process inventory) * complete for material

$2.58 * 19000 * 100% = $49,020

Cost of ending work in process inventory (conversion) :

Cost per unit (conversion) * (ending work in process inventory) * complete for conversion

$2.20 * 19000 * 68% = $49,020

$2.20 * 19000 * 0.68 = $28,424

Total cost (ending work in process inventory) :

Material cost + conversion cost

$49,020 + $28,424 = $77444

For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100. If the actual price level turns out to be 110, the firm's output prices will

Answers

Answer:

The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.

This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.

The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.

As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package of $100,000 cash, another $100,000 to be paid in one year, and an annuity of $30,000 to be paid each year for 20 years. Use present value tables to compute the present value of the complete package, assuming an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1)

Answers

Answer:

$487,137.

Explanation:

So,new are given the following data or parameters or information which is going to aid or assist us in solving this particular Question or problem.

=> "Mercantile Stores is offering to employees who have been terminated a severance package of $100,000 cash, another $100,000 to be paid in one year, and an annuity of $30,000 to be paid each year for 20 years. "

=> "assuming an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1)"

STEP ONE: determine the present value of a payment in 1 year.

Present value = face value/ (1 + rate of interest)^number of year.

Present value = 100,000/ (1 + 0.08)^1.

Present value = $294,544

STEP TWO: determine the present value in the next 20 years.

Present value in the next 20 years = 30,000/0.08 { 1 - (1 + 0.08)^-20}.

Present value in the next 20 years = $294,544.

STEP THREE: detemine the total present value.

total present value = $100,000 + $294,544 + $294,544 = $487,137.

Present value of complete package is $487,137 (Approx.)

Given that;

Future value FV = $100,000

Number of year n = 1

Rate of interest r = 8% = 0.08

Number of annuity year n = 20

Annual annuity = $30,000

Find:

Present value of complete package

Computation:

PV for 1 year payment;

PV = FV/(1+r)ⁿ

PV = 100,000/(1+0.08)¹

PV = 100,000/(1.08)

PV = $92,592.6 (Approx.)

PV for 20 year payment;

PV = [A/r][1-(1+r)⁻ⁿ]

PV = [30,000/0.08][1-(1+0.08)⁻²⁰]

PV = $294,544.4 (Approx.)

Present value of complete package = $100,000 + $92,592.6 + $294,544.4

Present value of complete package = $487,137 (Approx.)

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Q 5.15: At the beginning of January 2017, a company reported inventory of $4,000. During the month, the company made purchases of $17,800. On January 31, 2017, a physical count of inventory reported $4,200 on hand. Find the cost of goods sold for the month.

Answers

Answer:

COGS= $17,600

Explanation:

Giving the following information:

Beginning inventory= $4,000

Purchase= $17,800

Ending inventory= $4,200

To calculate the cost of goods sold (COGS), we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 4,000 + 17,800 - 4,200

COGS= 17,600

Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the equilibrium quantity of cigarettes smoked will equal the socially optimal quantity of cigarettes smoked. b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked. c. the equilibrium quantity of cigarettes smoked will be less than the socially optimal quantity of cigarettes smoked. d. There is not enough information to answer the question.

Answers

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. Two workers sharing a computer can together inventory 200 items per hour. Three workers sharing a computer can together inventory 250 items per hour. And four or more workers sharing a computer can together inventory 260 items per hour. Computers cost $125 each and you must pay each worker $30 per hour.
a. If you assign one worker per computer, what is the cost of inventorying a single item? Instructions: Round your answer to two decimal places.
$ _____ per item
b. If you assign two workers per computer, what is the cost of inventorying a single item? Instructions: Round your answer to two decimal places.
$ _____ per item
c. If you assign three workers per computer, what is the cost of inventorying a single item? Instructions: Round your answer to two decimal places.
$_____ per item
d. If you assign four workers per computer, what is the cost of inventorying a single item? Instructions: Round your answer to two decimal places.
$_____ per item.
e. How many workers per computer should you assign if you wish to minimize the cost of inventory per single item?
_____ worker(s) per computer

Answers

Answer and Explanation:

The computation of each point is shown below:-

a. If one worker per computer, so the cost of inventorying a single item is

Cost = Total cost ÷ Number of units inventoried

= ($125 + $30) ÷ 150

= $155 ÷ 150

= $1.03

b. If two workers per computer, so the cost of inventorying a single item is

Wage = $30 × 2

= $60

Cost = Total cost ÷ Number of units inventoried

= ($60 + $125) ÷ 200

= $175 ÷ 200

= $0.88

c. If three workers per computer, so the cost of inventorying a single item is

Wages = $30 × 3

= $90

Cost = Total cost ÷ Number of units inventoried

= ($90 + $125) ÷ 250

= $215 ÷ 250

= $0.86

d. If four workers per computer so, the cost of inventorying a single item is

Wages = $30 × 4

= $120

Cost = Total cost ÷ Number of units inventoried

= ($120 + $125) ÷ 250

= $245 ÷ 250

= $0.98

e. According to the above calculation, there are three workers which are to be assigned per computer so that the inventory amount can be reduced.

Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry. Wherever there is a gap, Wallace Motors tries to cover that gap by imitating the best practices of these market leaders. This is known as

Answers

Answer:

Benchmarking

Explanation:

Benchmarking is defined as the activity where a company's processes and performance is compared with industry best practices. Qualities measured usually include time, cost, and quality.

In the given scenario Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry. This the use of be marching.

When the companies metrics don't meet up, the company adopts the practices of the benchmark or later in your dreams

You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a TOP SECRET personnel security clearance. Carlos has asked to see a Secret document in your possession related to Project X. Carlos is not part of the Project X team and does not have a "need-to-know." Should you share that classified document with Carlos

Answers

Answer:

No. The classified document should not be shared with Carlos

Explanation:

Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.

No you should not as Carlos does not have "need-to-know" clearance.

When involved in a secret project, there are only certain people that you can talk to about what goes in the project and these include:

your colleagues in the project with similar security clearancepeople outside the project that have a "need-to-know" clearance

Carlos might be your boss but not only is he not working on the project, he does not have a need-to-know clearance basis.

In conclusion, you should not share classified documents with Carlos and he is breaching ethical and possibly legal rules by asking you for them.

For more information, look at https://brainly.com/question/15061151.

Suppose that the production of $500,000 worth of steel in the United States requires $100,000 worth of iron ore. The U.S. nominal tariff rates are 15 percent for steel and 5 percent for iron ore. Given this information, the effective rate of protection for the U.S. steel industry is approximately

Answers

Answer:

The effective rate of protection for the U.S. steel industry is approximately 17.5%

Explanation:

Mathematically, the effective rate of protection is calculated as follows;

e = (n-ab)/(1-a)

where n is the nominal tariff rate on the final product , a is the ratio of the value of the imported input to the value of the finished product and b is the nominal tariff rate on the imported input

Mathematically;

a = value of iron ore/value of steel = 100,00/500,000 = 1/5 = 0.2

From the question, we can see that nominal tariff rate for steel n = 15% = 15/100 = 0.15

The nominal rate for iron ore b = 5% = 5/100 = 0.05

So we substitute all of these into the equation of e above

e = {0.15-0.2(0.05)}/(1-0.2) = (0.15-0.01)/0.8 = 0.14/0.8 = 0.175 which is same as 17.5%

TooEarly, Inc. is a calendar year corporation. On January 3rd of the current year at the request of TooEarly management, Grand Slam Inc., TooEarly's only corporate shareholder, sells all its shares of TooEarly stock to Bill Brady, an individual. On January 5th of the current year TooEarly files for S corporation status. What is the first year TooEarly will be eligible for S corporation treatment

Answers

Answer:

Next year

Explanation:

Since in the question, it is given that the only the corporate shareholder sells all of its shares to Bill Brady who is an individual and on the current year too early filed the S corporation status

Now the TooEarly will be eligible for the next year as the TooEarly has a non-qualified shareholder but the S corporation treatment is available for the following year

Other Questions
What type of reaction does this equation represent?2I4O9(s) 4I2(s) + 9O2(g) weights of men: 90% confidence; n = 14, x=161.3 lb, s =12.6 lb Proteins play key roles in olfaction. One kind of protein, called ___________, attaches itself to hydrophobic odorant molecules so that they may dissolve in watery mucous. A second class of proteins, to which odorant molecules become bound and initiate transduction, are coded by the largest family of genes in mammals and are called ___________ . Group of answer choices Which expressions are equivalent to (5g+3h+4)2Select all that apply:(5g+3h)8(5g+3h)6None of the above 2.50 mol NOCl was placed in a 2.50 L reaction vessel at 400C. After equilibrium was established, it was found that 28% of the NOCl had dissociated according to the equation 2NOCl(g) 2NO(g) + Cl 2(g). Calculate the equilibrium constant, K c, for the reaction. 50.0 mL each of 1.0 M HCl and 1.0 M NaOH, at room temperature (20.0 OC) are mixed. The temperature of the resulting NaCl solution increases to 27.5 OC. The density of the resulting NaCl solution is 1.02 g/mL. The specific heat of the resulting NaCl solution is 4.06 J/g OC Calculate the Heat of Neutralization of HCl(aq) and NaOH(aq) in KJ/mol NaCl produced The magnetic field strength at the north pole of a 2.0-cmcm-diameter, 8-cmcm-long Alnico magnet is 0.10 TT. To produce the same field with a solenoid of the same size, carrying a current of 1.8 AA , how many turns of wire would you need Michelle is changing her health care insurance and deciding between two different plans that charge thesame premium. Plan A has a $1,700 deductible with 20% coinsurance. Plan B has a $1,450 with 30%coinsurance. Michelle had a total of $8,450 in medical bills last year. Under which plan would Michelle'sshare have been less? Support your answer with mathematical calculations. Answer in completesentence. What one thing about New York did William NOT like? Which three-dimensional figure is formed by the rotation given? According to current dietary recommendations, trans fat intake should be limited. How is this best accomplished? a.Select foods containing manufactured rather than naturally occurring trans fats. b.Read labels to select foods that say "polyunsaturated fatty acid free." c.Avoid all processed foods such as bakery items, packaged cookies, and store-bought bread. d.Use fat replacers, such as olestra, which provide the same nutrient content as regular fats without being saturated. e.Choose foods with PLEASE HELP ASAP Compare and contrast the US democracy and German totalitarian dictatorship in the aftermath of World War I. Explain in 2-3 sentences examples of how the countries were different in reaction and continuation of war efforts, as well as everyday life. Describe how the water cycle moves water between the tree, the lake, and the sky in the picture below. Describe at least three of the water cycle processes you have learned about in the course. (10 points) which sentence shows the correct use of homophone Which property rights regime does a natural person or a legal person hold? A natural person or a legal person holds the _________ property rights regime. You may assume the conditions for regression inference are satisfied. A grass seed company conducts a study to determine the relationship between the density of seeds planted (in pounds per 500 sq ft) and the quality of the resulting lawn. Eight similar plots of land are selected and each is planted with a particular density of seed. One month later the quality of each lawn is rated on a scale of 0 to 100. The sample data are given below. Seed Density Lawn Quality1 301 402 403 403 503 654 505 50At the 1% level of significance, is there evidence of an association between seed density and lawn quality?a) yesb) no Which end of the Humerus (upper arm bone) forms part of the elbow? Select one: a. Distal b. Latral c. Medial d. proximal U480SdTbR.CP1549Q The Suez Canal allows easier contact between which two cultures? Select the correct answer. Simplify the expression. What classification describes the resulting polynomial? (3x2 11x 4) (2x2 x 6) A. quadratic trinomial B. linear binomial C. quadratic binomial D. linear monomial