Tim is the vice president of western operations for maroon oil company and is stationed in san francisco. he is required to live in an employer-owned home, which is three blocks from his company office. the company-provided home is equipped with high-speed internet access and several telephone lines. tim receives telephone calls and e-mails that require immediate attention any time of day or night, as the company's business is spread all over the world. a full-time administrative assistant resides in the house to assist tim with urgent business matters. tim often uses the home for entertaining customers, suppliers, and employees. the fair market value of comparable housing is $9,000 per month. tim is also provided with free parking at his company's office. the value of the parking is $355 per month. the amount associated with the free parking that tim must include in his gross income per month is?

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Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.