All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the following manner: Zack 27%, Xu 24.33%, Yvonne 24.33%, and Win 24.33%. Some of Zack's stock holdings are redeemed by Sphere Corporation, resulting in Zack's interest being reduced to 22.27%. Xu, Yvonne, and Win owned equally the remaining 77.73% of the Sphere stock. How should the redemption of Zack's stock be treated by Zack?
A) dividend income
B) sale transaction
C) return of capital
D) some other treatment
Answers: 2
Biology, 21.06.2019 21:10
Zoe decided to measure the hand length of each of her classmates. first she marked a line across each student's wrist and lined up a ruler from this mark to the top of the middle finger to measure the length. then she recorded the measurements in the table below. marla did this the same way for each classmate, and then zoe used this ruler to measure each straight line and record the data below. this data is invalid. what is the most likely reason why it is invalid? the ruler is marked in centimeters, but zoe recorded data in inches. the range of lengths is too wide, so zoe must have misread the ruler. marla’s complicated measuring procedure was overly confusing. marla could have been inconsistent while drawing outlines of fingers.
Answers: 3
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All of Sphere Corporation's single class of stock is owned by four unrelated individuals in the foll...
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