[MrNormalGuy]

I finally broke through to what something meant in the notes for a very popular review program. The notes say ‘Earnings & profits/current = distribute by current year end’…..I thought the ‘/ ‘meant divide…but it doesn’t….it just means current earnings and profits. Although I’ve done these questions 20 times I couldn’t figure out why there were financial ratios in the book and didn’t even know they were related. It’s from those questions about non liquidating distribution a dividend, return of capital, or a return on capital gain since it taps into additional paid capital.

I’m absolutely flabbergasted-free now. I also deleted Facebook so that I could focus more on this exam….as I found that Facebook is my dweller on the threshold.

far:
aud:
reg:
bec: