1. In 20x8, BT Inc. granted a nonqualified stock option to Ms..P to buy 500 shares of BT stock at $20 per share for 10 years. At date of grant, BT stock was trading on the NASDAQ for $20 per share. In the current year, Ms. P exercised the option when BT’s stock was trading at $37.10. a) How much income must Ms. P recognize in 20x8 and in the current year because of the option? b) What are the tax consequences of the stock option to BT Inc. in 20x8? In the current year?

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\