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Consider the following question taken from a questionnaire:…

Consider the following question taken from a questionnaire:   “Chipotle’s menu items are:” Healthy     *       *        *       *        *       *        *    Unhealthy   This is an example of a:

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Case: Suppose you are given 6 variables from a survey that y…

Case: Suppose you are given 6 variables from a survey that you wish to use for a cluster analysis.   Before progressing to clustering you wish to reduce the dimensionality of the dataset.  Consider the following scree plot and Eigenvalues from a principal component analysis.   PC1 PC2 PC3 PC4 PC5 PC6 Standard deviation 1.6526 1.4893 0.6645 0.58417 0.42735 0.2919   –REFER TO THIS CASE FOR THE QUESTIONS 41-43 — Q41:  How many components would you select if you are using the eigenvalues?

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Suppose that a variable X is normally distributed with mean…

Suppose that a variable X is normally distributed with mean 3 and variance 16.  Using what you know about standard deviation and the empirical rule, which of the following statements is true:

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Note: use the following fact pattern for the next two questi…

Note: use the following fact pattern for the next two questions.   Alberto owns 25 percent of Sycamore, an S corporation. At the beginning of the year, Alberto’s basis in his stock was $30,000, his share of Sycamore’s accumulated adjustments account (AAA) was $25,000, and his share of Sycamore’s earnings and profits from prior C corporation years (accumulated E&P) was $15,000. Then, during the year, Alberto was allocated $12,500 of ordinary income and Sycamore made a nonliquidating distribution to Alberto of $50,000.   [question 1 of 2] How much of the distribution is taxable to Alberto as a dividend?

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Alberto owns 25 percent of Sycamore, an S corporation. At th…

Alberto owns 25 percent of Sycamore, an S corporation. At the beginning of the year, Alberto’s basis in his stock was $30,000, his share of Sycamore’s accumulated adjustments account (AAA) was $25,000, and his share of Sycamore’s earnings and profits from prior C corporation years (accumulated E&P) was $15,000. Then, during the year, Alberto was allocated $12,500 of ordinary income and Sycamore made a nonliquidating distribution to Alberto of $50,000.   [question 2 of 2] What is Alberto’s basis in his Sycamore stock after the distribution?

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In general, a partner’s holding period in property received…

In general, a partner’s holding period in property received in a liquidating distribution begins on the day after the distribution.

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Note: use the following fact pattern for the next three ques…

Note: use the following fact pattern for the next three questions.   Nicole and Paula each own 50 percent of Magnolia, an S corporation. Magnolia reported the following revenues and expenses:   Sales revenue – $720,000 Cost of goods sold – ($200,000) Depreciation expense (MACRS) – ($12,000) Sec. 179 expense – ($44,000) Long-term capital gains – $8,000 Qualified dividends – $5,000 Nontaxable interest income – $3,000 Salaries to owners – ($120,000) Employee wages (excluding salaries to owners) – ($50,000)   In addition, Nicole and Paula each received distributions of $10,000 from Magnolia.   [question 1 of 3] How much ordinary business income is allocated to Nicole?

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Nicole and Paula each own 50 percent of Magnolia, an S corpo…

Nicole and Paula each own 50 percent of Magnolia, an S corporation. Magnolia reported the following revenues and expenses:   Sales revenue – $720,000 Cost of goods sold – ($200,000) Depreciation expense (MACRS) – ($12,000) Sec. 179 expense – ($44,000) Long-term capital gains – $8,000 Qualified dividends – $5,000 Nontaxable interest income – $3,000 Salaries to owners – ($120,000) Employee wages (excluding salaries to owners) – ($50,000)   In addition, Nicole and Paula each received distributions of $10,000 from Magnolia.   [question 3 of 3] If Nicole’s basis in her Magnolia stock at the beginning of the year was $40,000, what is her basis after considering the above items?

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When fertilization of an egg by a sperm occurs in a plant, a…

When fertilization of an egg by a sperm occurs in a plant, a [answer1] zygote forms. The zygote will divide by mitosis to produce [answer2]. 

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Which of the following are present in angiosperms (flowering…

Which of the following are present in angiosperms (flowering seed plants) but not found in gymnosperms (non-flowering seed plants)?

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