Zebra corporation distributed property in proportionate redemption of its stock in partial liquidation. zebra had earnings and profits exceeding the amount of the distribution. the distribution was made to tiger corporation, a 25% shareholder. the distributed property had a $75,000 fair market value and a $40,000 adjusted basis to zebra. tiger had an adjusted basis of $25,000 in the stock redeemed by zebra. what is the tax effect on tiger?

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Which plan offers a tax-free education?