Marco Bodnar owns 48% of the shares of a CCPC. The CCPC declared a 12%, non-eligible stock dividend that has resulted in a $27,600 increase in its PUC. Which of the following amounts must be included in Marco's income as a result of the stock dividend?
a. $15,235
b. $27,600
c. $13,248
d. $6,624

Question

12-07-2024
Business

Answered

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Marco Bodnar owns 48% of the shares of a CCPC. The CCPC declared a 12%, non-eligible stock dividend that has resulted in a $27,600 increase in its PUC. Which of the following amounts must be included in Marco's income as a result of the stock dividend?
a. $15,235
b. $27,600
c. $13,248
d. $6,624

Sagot :

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Marco Bodnar owns 48% of the shares of a CCPC. The CCPC declared a 12%, non-eligible stock dividend that has resulted in a $27,600 increase in its PUC. Which of the following amounts must be included in Marco's income as a result of the stock dividend?a. $15,235 b. $27,600 c. $13,248 d. $6,624

Sagot :

Other Questions

Marco Bodnar owns 48% of the shares of a CCPC. The CCPC declared a 12%, non-eligible stock dividend that has resulted in a $27,600 increase in its PUC. Which of the following amounts must be included in Marco's income as a result of the stock dividend?
a. $15,235
b. $27,600
c. $13,248
d. $6,624