"mark received 10 isos (each option gives him the right to purchase 18 shares of hendricks corporation stock for $5 per share) at the time he started working for hendricks corporation five years ago when hendricks’s stock price was $5 per share. now that hendricks’s share price is $35 per share, mark intends to exercise all of his options and hold all of his shares for more than one year. assume that more than a year after exercise, mark sells the stock for $35 a share"a. what are mark’s taxes due on the grant date, the exercise date, and the date he sells the shares, assuming his ordinary marginal rate is 32 percent and his long-term capital gains rate is 15 percent? tax benefitgrant dateare hendricks’s tax consequences on the grant date, the exercise date, and the date mark sells the shares, assuming its marginal tax rate is 21 percent? tax benefitgrant date

3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?

Rich is researching for an economics paper on the history of exchange rates between the us and great britain. the best choice for rich to use is