Husker corporation reports current e& p of negative $200,000 in year 1 and accumulated e& p at the beginning of the year of $300,000. husker distributed $200,000 to its sole shareholder on december 31, year 1. the shareholder's tax basis in her stock in husker is $50,000. how is the distribution treated by the shareholder in year 1?

Which feature is a characteristic of a corporation?

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?

Double corporation acquired all of the common stock of simple company for