an accountancy corporation

                                   

Member
American Institute of
Certified Public Accountants

The official amounts will be published by the IRS early next year. 

Abigail Van Buren (Dear Abby) said she was at a total loss to reply to the following actual letter:

Dear Abby:

What can I do about all the sex, nudity, language and violence on my VCR?

READ AND THINK CAREFULLY! You are driving along in your car on a wild, stormy night.  You pass by a bus stop, and you see three people waiting for the bus: 

(1)An old lady who looks as if she is     

   about to die. 

(2)An old friend who once saved your  

    life. 

(3)The perfect man (or) woman you 

    have been dreaming about.

Which one would you choose to offer a ride to, knowing that there could only be one passenger in your car? 

Think before you continue reading.  This is a moral and ethical dilemma that was once actually used as part of a job application.  

You could pick up the old lady, because she is going to die, and thus you should save her first, or you could take the old friend because he once saved your life, and thus would be a perfect chance to pay him back.  However, you may never be able to find your perfect dream lover again.  The candidate who was hired (out of 200 applicants) had no trouble coming up with his answer.  Again, what's your answer?  Well, his was: He simply answered "I would give the car keys to my old friend, and let him take the lady to the hospital.  I would stay behind and wait for the bus with the man/woman of my dreams."             Never forget to "think outside the box."

Visit our website at ARKCPA.COM please.

THE TOP 100 U.S. NEW-CAR DEALERS HAD $102 billion in sales in 2001.  The dealer that ranked 100th had $241 million in sales.  Some 110 of the 500 largest retail car dealerships are publicly owned.  Altogether, there are 22,000 new-car dealerships in the U.S.

NATUROPATHIC DOCTORS, you know, the "Herb Doctors," who, for example, use a garlic solution for ear infection, are increasingly allowed in many states to prescribe drugs, deliver babies and perform surgeries.  Naturopaths are not MDs and traditionally specialize in vitamins and herb-based treatments.

the Generalist, a one-page monthly publication of the accounting firm of A. R. Kakhsaz Company, is in its eighth year of providing information, presented fairly and accurately, from sources we can depend upon and trust.

THE U.S. POVERTY RATE ROSE IN 2001 for the first time in eight years.  33 million people, or 11.7% of the population, are now living below the poverty line (which is $18,000 for a family of four) and are classified as poor.  The median household income fell 2.2%.  Unlike previous recessions, relatively speaking, the recession of 2001 has not hit minorities as hard as whites.

CALIFORNIA and TEXAS have the most SMOG: It's even getting worse: The number of air-quality alerts rose 10% in 2001 and the pace has been picking up in 2002.

SINCE ITS CREATION IN 1913, the Federal Reserve Board has simultaneously achieved stable prices and a healthy economy growth only twice.  From 1922 to 1929 and again from 1959 to 1964.  Neither ended happily though.  The first followed by deflation and depression and the second was followed by inflation fired by Vietnam War spending, which resulted in wage and price controls.  Although economists do not have a consensus on the definition of "price stability," the U.S. economy is said to have been enjoying healthy growth while keeping inflation in check- around 1.75% to 3% since the late 1990s where the battle against inflation got a big boost from faster productivity growth, deregulation and the Asian financial crisis.

WE SEE MORE IN NUMBERS than just numbers… 

Ali R. Kakhsaz, CPA, MAcc

www.arkpca.com