QUESTION 22 7 Operating income Interest received Interest paid Dividends received Dividends paid $250,000 10,000 45,000 20,000 50,000 If the applicable average income tax rate is 40 percent, and if 70 percent of dividends received are exempt from taxes, what is the corporation's tax liability? TT T Ariel 3 (121) 6 poir An investor purchased a call option that allows her to purchase 100 shares of Dell Computer common stock for 545 por share any time during the next six months. The price she paid for the option was $2.50 per share, or $250 total, and the current market price of Dell's stock is $42.50. If the price of Dell increases to $14.50 and the investor decides to exercise it, what will be the gain or loss that results from the option position that was held? Ignore taxes and commissions For the toolbar, press ALTF10 (PC) or ALT-FN-F10 (Mach. TTT Arial 31120 T-E- $250 Which of the following is not an asset of a bank? business deposits consumer loans O deposits in other banks O government securities All of the above are bank assets