On June 1, 2021, Blue Co. distributed to its common stockholders 260,000 outstanding common shares of its investment in Red Inc. which is an unrelated party. The book value on Blue’s books of Red's $1 par common stock was $2.30 per share. Immediately after the declaration, the market price of Red's stock was $4.30 per share. In its income statement for the year ended June 30, 2021, what amount should Blue report as gain before income

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?