During fiscal 2016, kohl’s had sales of $18,686 million, cost of merchandise sold of $11,944 million, and gross profit of $6,741 million. what was net income for 2016? select one:

a. $ 6,741 million
b. $11,944 million
c. $ 5,299 million
d. $18,686 million
e. there is not enough information to calculate the amount.

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In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Which of the following describes an executive information system (eis)