Lyon, a cash-basis taxpayer, died on January 15, Year 2. In Year 2, the estate executor made the required periodic distribution of $9,000 from estate income to Lyon's sole heir. The following pertains to the estate's income and disbursements in Year 2: Year 2 Estate Income $20,000 Taxable interest 10,000 Net long-term capital gains allocable to corpus $10,000 Estate Disbursements $5,000 Administrative expenses were attributable to taxable income. For the Year 2 calendar year, what was the estate's distributable net income (DNI)?

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.