El Toro Corporation declared a common stock distribution to all shareholders of record on June 30, 20X3. Shareholders will receive 1 share of El Toro stock for each 2 shares of stock they already own. Raoul owns 230 shares of El Toro stock with a tax basis of $51 per share. The fair market value of the El Toro stock was $91 per share on June 30, 20X3. What are the tax consequences of the stock distribution to Raoul? Multiple Choice $0 dividend income and a tax basis in the new stock of $91 per share. $0 dividend income and a tax basis in the new stock of $51 per share. $0 dividend income and a tax basis in the new stock of $34 per share. $10,465 dividend and a tax basis in the new stock of $91 per share.

Management Accounting System and The Management Information System are the same?

pros and cons of both computerized and manual accounting systems.

External user group, often referred to as financial intermediaries. What does these users provides?

The goal of your research into information resources will be articulated by the question, "in the professional practice field of accounting and finance, what information needs to be encountered? What types of information resources will meet these needs? Where would the resources be located, and how would they be accessed?"