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A foreign corporation with a single class of stock is owned equally by Jericho Corporation, a U.S. corporation, and Joshua, a nonresident alien. Joshua owns no Alpha Corporation stock. Is the foreign corporation a controlled foreign corporation (CFC)?
AutoSum
A function in spreadsheet applications that automatically calculates the sum of a selected range of cells.
Round
A shape having a continuous curve without edges or corners, often used in geometry and design; alternatively, it can refer to advancing or modifying numbers to a specific degree of precision.
Average
A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.
Sum
The result of adding two or more numbers or quantities together, totaling their combined value.
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