Badger corporation was incorporated in the current year. it reports an $8,000 nol on its initial tax return. badger distributed $2,500 to its shareholders. is it possible for this distribution to be taxed as a dividend to badger's shareholders? explain. a.yes. the taxable loss must first be adjusted to compute current e& p which would need to be at least $2,500 for this to be considered to be a dividend. b.yes. the taxable loss must first be adjusted to compute current e& p which would need to be at least $10,500 for this to be considered to be a dividend. c.no. the taxable loss of $8,000 exceeds the distribution amount of $2,500, so the distribution would be a return of capital. d.no. the taxable loss must first be adjusted to include accumulated e& p. the adjustment needs to be at least $8,000 to avoid a taxable loss but would still be deemed a return of capital.

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage

How an absolute advantage might affect a country's imports and exports?