At the end of the year, before distributions, bombay (an s corporation) has an accumulated adjustments account balance of $17,200 and accumulated e& p of $22,750 from a previous year as a c corporation. during the year, nicolette (a 40 percent shareholder) received a $22,750 distribution (the remaining shareholders received $34,125 in distributions). assume her stock basis is $45,500 after considering her share of bombay’s income for the year but before considering the effects of the distribution. required: a. what is the amount and character of gain nicolette must recognize from the distribution? b. what is her basis in her bombay stock at the end of the year?

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1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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