Group C has been meeting for two months and seems to be progressing extremely well. You observe that the group meets every morning and spends the first five minutes chatting. They then review the decisions of the last meeting followed by a discussion on the status of their current tasks. Group C is currently at the ________ stage.

The following dividends were received by a husband, his wife, and both of them jointly: husband-$160; wife-$160; joint-$100. Indicate the amount of dividends that would be subject to taxation if they filed a joint tax return.

A) 420 B) 0 C) 220 D) 200

Firms initially record trading securities at fair value, excluding transactions costs (which firms expense as they incur them)

Indicate whether the statement is true or false