El Toro Corporation declared a common stock distribution to all shareholders of record on June 30, 20X3. Shareholders will receive 1 share of El Toro stock for each 2 shares of stock they already own. Raoul owns 370 shares of El Toro stock with a tax basis of $63 per share. The fair market value of the El Toro stock was $103 per share on June 30, 20X3. What are the tax consequences of the stock distribution to Raoul

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Weber company purchases $44,270 of raw materials on account, and it incurs $52,730 of factory labor costs. supporting records show that (a) the assembly department used $27,580 of raw materials and $33,320 of the factory labor, and (b) the finishing department used the remainder. manufacturing overhead is assigned to departments on the basis of 150% of labor costs.journalize the assignment of overhead to the assembly and finishing departments.account titles and explanation debit credit

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees