Caroline pays 15% taxes on dividends and capital gains and 35% taxes on ordinary income. three years ago, she purchased 100 shares of xyz, inc. for $70. in january, caroline wrote a six month put option on the stock at an exercise price of $90 and received $500. three days after the purchase, the price of xyz dropped significantly and has not been above $80 since. the result is that the put buyer chose not to exercise her put. ignoring commissions, caroline’s tax on this transaction is
a. $ 75b. $175
c. $225d. $325e. $650

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

Atrough in the business cycle occurs when

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.