On november 1, 2017, bob, a cash basis taxpayer, gave dave common stock. on october 30, 2017, the corporation had declared the dividend payable to shareholders of record as of november 22, 2017. the dividend was paid on december 15, 2017. the corporation has paid the $1,200 dividend once each year for the past ten years, during which bob owned the stock. when dave collected the dividend on december 15, 2017: a. bob must include $1,000 (10/12 x $1,200) of the dividend in his gross income. b. bob must include all of the dividend in his gross income. c. dave must include all of the dividend in his gross income. d. dave should treat the $1,200 as a recovery of capital. e. none of these is correct.

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.