The pancreas makes _______________

The scientific name for a “fat” molecule is a ______ (hint:  A fat is made of three fatty acids connected to a glycerol).

What pigment gives the photosynthetic parts of plants their green color?

Where does the Kreb’s cycle occur as part of cellular respiration?

When enzymes in your stomach and intestines digest proteins, the proteins get broken up into smaller pieces (monomers) called ________

Complete the following. When a deficit exists in current E & P and a positive balance exists in accumulated E & P, the accounts ________ netted at the date of distribution. If the balance is __________, the distribution is a return of capital. If the balance is _________, the distribution is a dividend to the extent of the balance.

Robin Corporation, a calendar year taxpayer, has a $580,000 positive balance in accumulated E & P as of January 1, Year 4. By December 31, Year 4, Robin has $60,000 positive current E&P. If Robin determines that a $700,000 distribution to its shareholders is appropriate at the beginning of Year 4, what is the maximum amount of the distribution that could potentially be treated as a dividend?

Hannah, Greta, and Winston own the stock in Redpoll Corporation (E & P of $900,000) as follows: Hannah, 600 shares; Greta, 400 shares; and Winston, 1,000 shares. Greta is Hannah’s daughter, and Winston is Hannah’s brother. Redpoll Corporation redeems 400 of Hannah’s shares (basis of $55,000) for $240,000. Hannah purchased the stock three years ago as an investment. With respect to the stock redemption, Hannah has:

In terms of our class coverage, which of the following is not true?

Complete the following. When a deficit exists in current E & P and a positive balance exists in accumulated E & P, the accounts ________ netted at the date of distribution. If the balance is __________, the distribution is a return of capital. If the balance is _________, the distribution is a dividend to the extent of the balance.