Corporation has 1,000 shares of stock issued and outstanding. these shares are owned by the following people : 200 shares bobby 300 shares bobby's brother 100 shares felicia partnership 300 shares frisco, inc. 100 shares colten, inc. bobby owns 50% of felicia partnership and 40% of frisco, inc., and , felicia partnership owns the other 60% of frisco and colten. under constructive ownership rules for sec. 302 stock redemptions, how many shares of stock in brownstone corporation is bobby considered to own?

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A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44