Comet company is owned equally by pat and his sister pam, each of whom hold 100 shares in the company. comet redeems 50 of pam's shares on december 31, 20x3, for $1,000 per share in a transaction that pam treats as an exchange for tax purposes. comet has total e& p of $250,000 on december 31, 20x3. what are the tax consequences to comet because of the stock redemption?

During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?

Describe at least four ways you can take money out of a checking account