Is it correct to state that the maximum corporate tax rate is 35 percent? Please describe the structure of the corporate tax rate schedule in your answer
For income between $100,000 and $335,000 the effective rate is 39 percent, that is, 34 percent plus the 5 percent surcharge. For income between $15,000,000 and $18,333,333 the effective rate is 38 percent, that is, 35 percent plus the 3 percent surcharge. The higher effective rates within these dollar limits are sometimes referred to as the "bubble" rates.
The higher bubble rates represent a phaseout of the benefit of the lower corporate rates on lower amounts of corporate income. Although there are marginal rates higher than 35 percent on some corporate income, the effective tax rate on corporate income does not exceed 35 percent of the total income of a corporation.
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Answer the following statement(s) true (T) or false (F)
1. The buying power of the customer has an impact on a company’s choice of global sales and operations planning model. 2. An outcome of an effective global sales and operations plan is the increased expedited costs. 3. Services have low demand volatility. 4. Maintaining a small level of staff over the year and subcontracting all other work is one of the techniques of the yield management strategy. 5. Sales carbon operations planning (SCOP) expands the size and complexity of the current sales and operations planning process.
If you want to divide a longer report section, you should include at least two subsections
Indicate whether the statement is true or false
Project A, which costs of $1,000 to purchase, will generate net cash inflows equal to $500 at the end of each of the next three years. The project's required rate of return is 10 percent. What are the project's internal rate of return (IRR) and modified internal rate of return (MIRR)?
A. 23.4%; 38.2% B. 14.5%; 12.6% C. 23.4%; 18.3% D. 23.4%; 16.7% E. 16.7%; 18.3%
Cooper wants to start a sports club to benefit inner-city children and teach them rock climbing, mountaineering, and other outdoor sports. He wants to take donations to support the club rather than sell stock. What business form would be best for this club?
A. Not-for-profit corporation. B. S-corporation. C. Partnership. D. Syndicate.