All of the following will result in the termination of a corporation's status asan S corporation except:<\/p>
A) Having passive investment income of more than 25% of gross receipts in initial year.<\/p>
B) Transfer of stock to a partnership.<\/p>
C) Acquiring a 101st shareholder.<\/p>
D) Issuing preferred stock.<\/p>", "transcribed_text": "", "related_book": { "title": "Financial and Managerial Accounting", "isbn": "978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978", "edition": "3rd Edition", "authors": "Horngren, Harrison, Oliver", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/69.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-3rd-edition-69", "see_more_uri": "" }, "free_related_book": { "isbn": "1505911184", "uri": "\/textbooks\/value-based-management-for-accounts-receivable-978-1505911183-184489", "name": "Value Based Management For Accounts Receivable", "edition": "" }, "question_posted": "2024-06-13 19:12:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/use-the-internet-to-locate-wwwciagov-and-wwwamazoncom-find-the", "description": "Use the Internet to locate www.cia.gov and www.Amazon.com. Find the privacy and security policies for each. Compare and contrast the use of privacy statements, encryption, SSL, and cookie policies.", "stars": 3 }, { "url": "\/study-help\/financial-accounting-11th-\/internal-controls-learning-objective-2-1015-min-explain-in-your-1807974", "description": "Internal controls (Learning Objective 2) 1015 min. Explain in your own words why separation of duties is often described as the cornerstone of internal control for safeguarding assets. Describe what...", "stars": 3 }, { "url": "\/study-help\/biostatistics\/what-is-the-general-form-of-the-statistic-for-1981228", "description": "What is the general form of the ???? statistic for comparing the mean when two independent random samples have been collected?", "stars": 3 }, { "url": "\/study-help\/survey-of-accounting-6th\/the-financial-condition-of-white-co-inc-is-expressed-in-the-following-855059", "description": "The financial condition of White Co. Inc. is expressed in the following accounting equation: Required a. Are dividends paid to creditors or investors? Explain why. b. How much cash is in the Retained...", "stars": 3 }, { "url": "\/study-help\/questions\/in-a-regression-analysis-what-do-the-coefficients-attached-to-9756914", "description": "In a regression analysis, what do the coefficients attached to the independent variables in a conjoint study represent? Dislike for that variable The utility benefit of that variable The utility...", "stars": 3 }, { "url": "\/study-help\/questions\/taking-into-consideration-the-text-below-would-it-be-possible-3639433", "description": "Taking into consideration the text below, would it be possible for you to create demand and supply diagrams to illustrate shifts in the demand and supply curves for oil and explain the price...", "stars": 3 }, { "url": "\/study-help\/questions\/a-doublepipe-heat-exchanger-operating-in-the-parallelflow-mode-carries-1011306", "description": "A double-pipe heat exchanger operating in the parallel-flow mode carries glycerin in the inner pipe and water in the annular region. The glycerin enters the heat exchanger at 90C at a mass flow rate...", "stars": 3 }, { "url": "\/study-help\/questions\/8-your-father-who-is-a-manager-broke-his-arm-1003260", "description": "8. Your father who is a manager, broke his arm because he slipped and fell in a hotel room shower while on a business trip. Is your father entitled to workers' compensation benefits? 3. A. 5.", "stars": 3 }, { "url": "\/study-help\/questions\/spade-manufacturing-produces-surfboards-the-company-uses-a-normalcosting-system-1009547", "description": "Spade Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's...", "stars": 3 }, { "url": "\/study-help\/questions\/telnex-corporation-maintains-its-internal-inventory-records-using-first-1002853", "description": "Telnex Corporation maintains its internal inventory records using first - in , first - out ( FIFO ) under a perpetual inventory system. The following information relates to its inventory during the...", "stars": 3 }, { "url": "\/study-help\/questions\/suppose-a-local-college-has-tasked-you-to-develop-a-1011324", "description": "Suppose a local college has tasked you to develop a database that will keep track of students and the courses that they have taken. In addition to tracking the students and courses, the client wants...", "stars": 3 }, { "url": "\/study-help\/questions\/mansbridge-moldings-manufactures-a-plastic-wagon-at-its-muskoka-plant-4615929", "description": "Mansbridge Moldings manufactures a plastic wagon at its Muskoka Plant. The standard cost for one wagon is as follows: Direct materials Standard Quantity or Hours 1.40 kilograms 0.80 hours Standard...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/discuss-the-difference-between-an-agent-and-an-independant-contractor-2987079", "next": "\/study-help\/questions\/black-n-white-company-purchased-equipment-for-45-000-the-2987081" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "All of the following will result in the termination of a corporation's", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/all-of-the-following-will-result-in-the-termination-of-2987080" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }} }