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

question 72

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 15.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.

Recognize the medical terms related to breathing conditions and patterns.

Gain knowledge of surgical procedures and diagnostics related to the respiratory system.

Understand the medical terminology related to abnormal respiratory conditions and their indications.

Differentiate between normal and abnormal respiratory functionalities.

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Definitions:

Market Segmentation

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

Marginal Cost

The cost of producing one additional unit of a good or service, calculated by the change in total cost that arises from an extra unit of output.

Demand

The measure of a good or service that people intend and are able to acquire at differing prices throughout a designated time span.

Admission Fee

The charge or payment required for entry into an establishment, event, or service.