Nancy owns 10% interest in abc corporation and 20% of the outstanding shares of xyz corporation. her son nick owns 60% of the outstanding shares of xyz corporation. xyz corporation owns 50% interest in abc corporation. denise, nancy’s mother, owns 40% interest in abc corporation. under the constructive ownership rules of sec. 318, nancy is considered to own how much of abc corporation

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Which of the following has the largest impact on opportunity cost

Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.