average tax rates for a corporation with an income level of $100‚000? Taxes = (0.15 × $50‚000) + 0.25 × ($75‚000 − $50‚000) + 0.34 × ($100‚000 − $75‚000) = $22‚250 Marginal tax rate = 34% Average tax rate = $22‚250/$100‚000 = 0.2225 = 22.25% The year-end 2010 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1‚100‚000 and retained earnings at $3‚400‚000. The next year‚ retained earnings were listed at $3‚700‚000. The firm’s net income in 2011 was $900‚000. T here were no
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Bike’s assets on that date were recorded at $10‚500‚000 with liabilities of $4‚500‚000. There were no other differences between book and fair values. During 2010‚ Bike reported net income of $500‚000. For 2011‚ Bike reported net income of $800‚000. Dividends of $300‚000 were paid in each of these two years. 49. How much income did Harley report from Bike for 2010? A. $120‚000. B. $200‚000. C. $300‚000. D. $320‚000. E. $500‚000. 26. Under the equity method‚ when the company’s share of cumulative losses
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FINA0804/2323 Fixed Income Securities Dr. Huiyan Qiu Homework Assignment #1 Due: February 17‚ Monday‚ drop in TA’s box by 6PM Unless explicitly specified‚ bond pays coupon interest semi-annually. 1. (a) Provide the list of currently outstanding Government Bonds in Hong Kong. Information should include at least the maturity date‚ the coupon rate‚ and the size of each bond. (b) Describe the most recent Hong Kong Government Bond issuance under the Institutional Bond Issuance Programme.
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Benazir Income Support Program Flaws & Shortcomings In order to counter the sharp rise in oil prices ultimately resulting in double digit inflation in the year 2007 – 2008‚ and to provide aid to the underprivileged sections of the society who were hit the worse as a result of the fore mentioned inflation; Benazir Income Support Program was announced in 2008 – 2009 and its primary aim was to provide financial aid to approx 3.5 million families across Pakistan. At the moment BISP is being implemented
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Most of the time‚ interning will open the doors to higher paying jobs in the future. On average‚ veterinarians make about $93‚438 a year. Even though it will take a long time‚ becoming a vet has always been my dream. This year‚ I was introduced to a job I quickly became interested in. During Career Day‚ a graphic designer came to speak to us. He showed us an elaborate presentation about subliminal messaging in popular brands. He designed everything from women’s T-Shirts to men’s bathing suits. I have
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24) "income"20 includes20— (i) profits and gains20 ; (ii) dividend ; 21[(iia) voluntary contributions received by a trust created wholly or partly for charitable or religious purposes or by an institution established wholly or partly for such purposes 22[or by an association or institution referred to in clause (21) or clause (23)22a‚ or by a fund or trust or institution referred to in sub-clause (iv) or sub-clause (v) 23[or by any university or other educational institution referred to in
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MGT487 Individual paper Jianyu Chen Thinking outside the box 1. Describe UPS competitive strategy Using Miles and Snows framework‚ and Porters Framework‚ Explain each of your choices. As per Miles and Snows Framework‚ UPS can be termed as a analyzer. As we know‚ Analyzer organizations share characteristics with prospector and defender organizations; thus‚ they face the entrepreneurial problem of how to maintain their shares in existing markets and how to find and exploit new markets and product
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Solve by finding the root of an equation in just one unknown. 1. A rope 75 feet long is cut into two pieces where one is 11 feet long than the other. Find their lengths. Let x = shorter piece’s lenght x + 11 = longer piece’s lenght Solution: x + x +11 = 75 2x = 75 – 11 2x = 64 2x = 64 2 2 x = 32 x + 11 = 32 + 11 = 43 2. Find the dimensions of a rectangle where the altitude
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administrative expense 8‚165.4 Dividends 3‚318.7 Sales revenue 22‚636.0 Research and development expense 4‚782.9 Tax expense 1‚787.6 Other revenue 2‚677.1 Hint: Prepare income statement and retained earnings statement. (SO 4) Instructions (a) After analyzing the data‚ prepare an income statement and a retained earnings statement for the year ending December 31‚ 2006. (b) Suppose that Merck decided to reduce its research and development expense by 50%. What would
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The Death and Life of an American Small Town. (New York: Bloomsbury‚ 2009). Thurow‚ Roger and Scott Kilman. Enough: Why the World’s Poorest Starve in an Age of Plenty. (New York: Perseus Books‚ 2009). 1.) Modernization Theory was used to justify the process of decolonization and intervention by the United States‚ which had the ulterior motive of gaining access to new markets and thus boosting the national economy. The U.S. separated this theory from Cold War
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