Lydia and john wickham filed jointly in year 1. They divorced in year 2. Late in year 2, the irs discovered that the wickham's underpaid their year 1 taxes by $2,000. Both lydia and john worked in year 1 and received equal income but john had $2,000 less tax withheld than did lydia. Who is legally liable for the tax underpayment?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.