5 PROBLEM 28. Y‚ an S corporation formed at the beginning of the year‚ has the following information in its first year: Gross Income from services $100‚000 Net short-term capital loss (2‚200) Salary paid to F (10‚000) Medical insurance premium for F (300) Other operating expenses (54‚000) Cash distributions to F 5‚000 F‚ a 50 percent owner of Y‚ is single and has no other tax information. F’s A.G.I. is a. $21‚900 b. $26‚750 c. $26‚900 d. $35‚700 e. Some other amount‚ which is $_________
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LEGISLATION IN NIGERIA By Oluwatosin O. Obiyomi and Adeyemi S. Ifaturoti Department of Estate Management Obafemi Awolowo University‚ Ile-Ife Nigeria. Email: addyfax02@gmail.com Mobile number: +234 706 270 9658‚ +234 806 420 5023 February 2009. The territory now known as Nigeria comprises of various communities with diverse cultures and disparate customs which guide the ownership and control of land. This is commonly referred to as the customary land tenure law. Nigeria is located on the
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impute‚ as rigorously as possible‚ to each feature‚ custom‚ or practice‚ its effect on the functioning of a supposedly stable‚ cohesive system". For Talcott Parson "structural-functionalism" came to describe a particular stage in the methodological development of Social Science‚ rather than a specific school of thought. The structural functionalism approach is a macro sociological analysis‚ with a broad focus on social structures that shape society as a whole. In summary Functionalism believes every social
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An analysis of Foreign Direct Investment in Nigeria: The Fate of Nigeria’s Agricultural Sector. 1Ogbanje‚ E C‚ 2Okwu‚ O. J and 3Saror‚ S.F. ogbanjece@yahoo.com; +2348036350197 1Department of Agricultural Management‚ University of Agriculture‚ Makurdi 2Department of Extension and Communication‚ University of Agriculture‚ Makurdi 3Institute of Food Security‚ University of Agriculture‚ Makurdi Received 11th June‚ 2010‚ Accepted 19th December‚ 2010 Abstract The study analysed the fate of the
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Summary Findings of Cross-Sectional Nutrition Survey Northern Nigeria‚ February 2012 1. INTRODUCTION Anthropometric and retrospective mortality survey was conducted in eight states of Northern Nigeria from 6th February to 9th March 2012. A cross sectional survey design with two stages of cluster sampling method was used. The survey was conducted in Borno‚ Jigawa‚ Kano‚ Katsina‚ Kebbi‚ Sokoto‚ Yobe and Zamfara states. The main objectives of the survey were to determine the nutritional status of children
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Devastating Effect of Flooding in Nigeria SUMMARY Floods are among the most devastating natural disasters in the world‚ claiming more lives and causing more property damage than any other natural phenomena. In Nigeria‚ though not leading in terms of claiming lives‚ flood affects and displaces more people than any other disaster; it also causes more damage to properties. At least 20 per cent of the population is at risk from one form of flooding or another. In Nigeria‚ flood disaster has been perilous
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JUVENILE DELIQUENCY IN IBADAN‚ NIGERIA CHAPTER ONE 1.1 INTRODUCTION In the 1990s‚ juvenile delinquency has become a major global problem. The rising incidence of juvenile delinquency in many countries may be caused by certain socio-economic problems often associated with development. These includes; poverty‚ rapid population growth‚ unemployment‚ urbanization‚ industrialization‚ inadequate shelter and housing‚ youth unemployment‚ and under employment‚ breakdown of the family unit‚ inadequate
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Compare & Contrast Report on Guatemala and Nigeria – Teams 3 & 4 Section 1 – Introduction The following report is a compare and contrast of the viability for starting a business in either Guatemala or Nigeria. It will also include some details on the overall business climate of both countries and other geographic‚ social‚ and economic factors. Factors that we will discuss include standards of living‚ education‚ overall economy‚ infrastructure‚ communication‚ transportation‚ geographic‚ climate
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RGeneral Principles of Taxation Fundamental Principles in Taxation Taxation Taxation is the inherent power of the sovereign‚ exercised through the legislature‚ to impose burdens upon subjects and objects within its jurisdiction for the purpose of raising revenues to carry out the legitimate objects of government. It is also defined as the act of levying a tax‚ i.e. the process or means by which the sovereign‚ through its law-making
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Introduction Nigeria is the most populous country in Africa‚ accounting for about one-sixth of African population. 1 The largest ethnic group in the northern part‚ which is about two-thirds of the country‚ is the Hausa-Fulani‚ majority of who are Muslims. The Yoruba are the most numerous in the southwest. Over half of the people are Christians and about a quarter are Muslims‚ with the remainder following mostly African Traditional beliefs. 2 The predominantly Christian Igbo are the largest ethnic
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