Flintstone company is owned equally by fred stone and his sister wilma, each of whom hold 2,200 shares in the company. wilma wants to reduce her ownership in the company, and it was decided that the company will redeem 635 of her shares for $25,400 per share on december 31 of this year. wilma’s income tax basis in each share is $7,450. flintstone has current e& p of $10,250,000 and accumulated e& p of $50,398,000.

a. what is the amount and character (capital gain or dividend) recognized by wilma as a result of the stock redemption, assuming only the "substantially disproportionate with respect to the shareholder" test is applied?

Do savings and loan associations offer checking accounts?

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.