Suppose you have quarterly time series data on air bnb beach house rentals on Lake Eerie (in real dollars per square foot) and retail clothing sales. You have been told the two are highly correlated. Specify a model that accounts for seasonal and time trends. What seasonal and time trends would you expect to encounter in the variables

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?