Investment-Related Exclusions (LO. 6) Rona receives the following items during the current year:

Interest on savings account $600
Dividends on Microsoft stock 400
Interest on Guam development bonds 1,700
Dividend on life insurance policy 400
(The company is a mutual life insurance company, and the dividend is a return of part of the premium she paid on the policy.)
In addition, Rona owns 1,600 shares of Cochran Corporation common stock. Cochran has a dividend reinvestment plan through which stockholders can receive a stock dividend equal to 4% of their holdings in lieu of a cash dividend of equal value. Rona takes the 64 shares of stock, which are worth $6 per share.

Rona has a gross income of $ for the current year.

What is the most important type of decision that the financial manager makes?

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate