In August,Sunglow Corporation Declares a $4 Dividend Out of E

question 43

Multiple Choice

In August,Sunglow Corporation declares a $4 dividend out of E & P on each share of common stock to shareholders of record on October 1.Elaine and Tom each purchase 100 shares of Sunglow stock on September 1.On September 15,Elaine also purchases a short position in Sunglow.Tom sells 50 of his shares on October 15 and continues to hold the remaining 50 shares through the end of the year.Elaine closes her short position in Sunglow on December 119- With respect to the dividends,which of the following is correct?

• A)Tom will have $200 of qualifying dividends subject to reduced tax rates and $200 of ordinary income.
• B)Elaine will have $400 of qualifying dividends subject to reduced tax rates and $400 of ordinary income (from dividends paid on the short position of Sunglow stock).
• C)All $800 of Elaine's dividends will qualify for reduced tax rates.
• D)All $400 of Tom's dividends will qualify for reduced tax rates.
• E)None of the above.

Understand the development and application of measurement tools for locus of control.

Analyze the influence of locus of control on academic persistence and success.

Understand the role of locus of control in health behaviors and outcomes.

Evaluate the impact of familial and socio-economic factors on the development of locus of control.

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Definitions:

Subclavian Artery

A major artery that supplies blood to the head and arms.

Blood Pressure

The force of circulating blood on the walls of blood vessels, often measured as systolic over diastolic pressure.

Vertebral Arteries

Arteries that ascend along each side of the vertebral column, supplying blood to the brain and spinal column.

Varicose Veins

Swollen, twisted veins that typically appear in the legs and feet, often due to faulty valves in the veins.