This guide is for ACCT 618 Week 4 Lesson Problem 2, start to submission. The second set of study problems, on the week's chapters.
ACCT 618 is Advanced Topics in Corporate Taxation, 3 credit hours, in Liberty University's MS in Accounting. Canvas and the course guide file print the code as ACCT618; it is the same course.
| Course | ACCT 618 Advanced Topics in Corporate Taxation |
|---|---|
| Module/Week | 4 |
| Points | 150 points |
| Length | Not set in the guide; answer each assigned question |
| Sources | The Code and Bittker and Eustice |
| Faith integration | Not required by the guide |
| Format | As instructed in the course |
What ACCT 618 Week 4 Lesson Problem 2 asks for
Lesson Problem 2 is due in Module/Week 4 with Bittker and Eustice chapters 7 and 8. Worth 150 points.
Where it fits in ACCT 618
In the published schedule, Lesson Problem 2 is one of 8 graded written assignments in ACCT 618. It follows Week 3 Lesson Problem 1 and comes before Week 5 Lesson Problem 3.
How ACCT 618 Week 4 Lesson Problem 2 is graded
Liberty grades Lesson Problem 2 with the rubric attached to the assignment in Canvas, worth 150 points in the published guide. That is about 15% of the course's 1,010 points. Open the rubric before you draft and read across each row: the top column describes what full credit looks like, and the gap between columns tells you what costs points.
Course grades in ACCT 618 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Each course module/week begins on Monday morning at 12:00 a.m. (ET) and ends on Sunday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The ACCT 618 Week 4 method, step by step
Set up the data before the write-up
Work through the Lesson Problem 2 calculations or software steps first and save the output. The written part interprets those numbers, so they have to be right before you explain them.
Show the method
Say which method, formula or test you used and why it fits the question. Graders want to see that the choice was deliberate.
Report the results plainly
Give the key figures in a labeled table and mention each in the text.
Interpret in the context of the question
Translate the numbers into a conclusion about the question. Say what decision they support and how confident you can be.
Name the limits
Name the assumptions and limits. A result with its limits stated reads as professional.
Submit the files the guide asks for
Submit every file requested and check that formulas, output and the write-up agree (Not set in the guide; answer each assigned question).
Apply the attribution rules of Section 318 first, since family and entity attribution often decide whether a redemption is substantially disproportionate or a complete termination. Show the before-and-after ownership percentages.
A structure for ACCT 618 Week 4 Lesson Problem 2
Word targets are planning numbers for about 1,000 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Question restated | What is asked. | ~140 words |
| Answer | Short answer. | ~180 words |
| Authority | Code and treatise. | ~400 words |
| Computation | Numbers. | ~280 words |
A topic angle that works
These chapters include stock dividends and redemptions. For redemptions, test each one against the Section 302(b) safe harbors before concluding it is a dividend.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
Question 2: the shareholder owns 60 of 100 shares and the corporation redeems 30. After the redemption she owns 30 of 70 shares, or 42.9%, which is less than 80% of her former 60% (48%) and less than 50%, so the redemption is substantially disproportionate under Section 302(b)(2) and treated as an exchange.1 If her son owned 20 shares, attribution under Section 318 would change the result.
- Shows percentages.
- Applies the test.
- Notes attribution.
Mistakes that cost points on ACCT 618 Week 4
- Ignoring attribution.
- No percentages.
- Missing authority.
Checklist before you submit
- Length: Not set in the guide; answer each assigned question
- Sources: The Code and Bittker and Eustice
- Calculations checked and output saved
- Every table and figure referred to in the text
- Each rubric row read against the section that answers it
Questions students ask
When is ACCT 618 Lesson Problem 2 due?
In Module/Week 4.
How many points is ACCT 618 Week 4 Lesson Problem 2 worth?
150 points in Liberty's published course guide for ACCT 618, out of a course total of 1,010 points (about 15% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is ACCT 618 Week 4 the same in every section of ACCT 618?
This guide follows Liberty's published course guide for ACCT 618. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
Want a tutor to look at your draft?
Send the instructions and what you have so far. A Liberty tutor replies with what to fix first, usually within the hour.