In january 2017, khors company issued nonqualified stock options to its ceo, jenny svaro. because the company did not expect ms. svaro to leave the company, the options vest at the time they are granted with a total value of $54,750. in december of 2018, the company experienced a surge in its stock price, and ms. svaro exercised the options. the total bargain element at the time of exercise was $69,500. for 2018, what is the book-tax difference due to the options exercised?

There are two major tests of readiness for college: the act and the sat. act scores are reported on a scale from 1 to 36. the distribution of act scores in recent years has been roughly normal with mean µ = 20.9 and standard deviation s = 4.8. sat scores are reported on a scale from 400 to 1600. sat scores have been roughly normal with mean µ = 1026 and standard deviation s = 209. reports on a student's act or sat usually give the percentile as well as the actual score. the percentile is just the cumulative proportion stated as a percent: the percent of all scores that were lower than this one. tanya scores 1260 on the sat. what is her percentile (± 1)?