Corporations with more than $1 million taxable income must pay 100% of their current federal income tax liability in the form of quarterly estimate payments to avoid an underpayment penalty.
Answer the following statement true (T) or false (F)
True
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Suppose a bank earned $173 million in interest on its assets of $2,153 million, it paid out $81 million in interest on its liabilities (excluding capital) of $2,007 million, and it paid its workers $71 million in total compensation. The bank's spread is approximately
A. 2 percent. B. 3 percent. C. 4 percent. D. 5 percent.
The longest phase of a job interview is usually
A) the warm-up. B) the question-and-answer stage. C) the close. D) the interchange. E) the reference checks.
Which of the following was created by the U.S. Congress to recognize quality and performance excellence?
A) EFQM Excellence Award B) Deming Prize C) Malcolm Baldrige National Quality Award D) ISO 9000 Award
If a project's discounted payback period is less than its useful life, _____.
A. the terminal value of its future cash inflows is less than the future value of its initial cost B. its future cash inflows are less than its initial cost C. the present value of its future cash flows exceeds its initial cost D. the present value of its future cash inflows is greater that the future value of its initial cost E. its cost-recovery time should exceed the maximum cost-recovery time established by the firm