Which of the following is the part of the brand that can be spoken?

Process of acquiring control over a corporation by buying a substantial number of the voting shares of a stock is a _____________________

Fill in the blank(s) with the appropriate word(s).

A corporation is selling an existing asset for $1,000. The asset, when purchased, cost $10,000, was being depreciated under MACRS using a five-year recovery period, and has been depreciated for four full years

If the assumed tax rate is 40 percent on ordinary income and capital gains, the tax effect of this transaction is ________. A) $0 tax liability B) $1,100 tax liability C) $3,600 tax liability D) $280 tax benefit