Carly owns 25% of base corporation’s single class of stock and premier corporation owns the remaining 75%. carly’s basis in the base stock is $200,000 and premier corporation’s basis in the base
stock is $600,000. carly receives property with a $175,000 adjusted basis and a
$250,000 fmv and premier corporation receives property with a $600,000 adjusted
basis and a $750,000 fmv in complete liquidation of base corporation. all of
base’s cash is used to pay its liabilities. which of following statements is
correct concerning the tax effects of the liquidation?
a) neither carly nor premier corporation will recognize a gain.
b) carly will recognize some gain but premier corporation will not recognize any gain.
c) both carly and premier will recognize some gain.
d) carly will not recognize any gain but premier will recognize some gain.

Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

Which of the following has the largest impact on opportunity cost