Dave is a plumber who uses the cash method of accounting. this year dave requested that his clients make their checks payable to his son, steve. this year steve received checks in the amount of $62,000 for dave's plumbing services. which of the following is a true statement? a. dave is taxed on $62,000 of plumbing income this year. b. steve is taxed on $62,000 of plumbing income this year. c. steve is taxed on $62,000 of income from gifts received this year. d. dave may deduct the $62,000 received by steve. e. all of these are true

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.