Shepherd corporation had earnings and profits of $500,000 before distributions. due to economic conditions, shepherd, in partial liquidation, distributed land having an adjusted basis of $67,500 and a fair market value of $75,000 to ms. rinnie for 95% of her interest in shepherd. ms. rinnie’s adjusted basis in the stock at the time of the distribution was $90,000. what is the amount of shepherd corporation’s recognized gain or loss?

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Select the correct text in the passage.which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy.de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des.monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy

What two things do you consider when evaluating the time value of money