1) The Big-Brand Inn has a building worth $10,000,000, according to a recent valuation. If the tax rate for the inns district is 75 mills, the inn owes property taxes of :

a) $75,000.

b) $500,000.

c) $750,000.

d) $1,000,000.

2) On May 1^st, you own 1,000 shares of stock in the Corporation. On July 1^st, the Corporation declares a stock dividend: existing stockholders will receive 10 percent of the amounts of stock they currently hold. Later that same year on October 1st, the Corporation declares cash dividend of $.35 per share. On December 1^st, you receive a check for the cash dividends worth a total of:

a) $250.

b) $100.

c) $275.

d) $385.