Which of the following questions is false?
a. capital budgeting involves comparing and evaluating alternate projects.
b. Many firms use both financial and nonfinancial criteria to evaluate proposed capital projects
c. a capital asset can be either tangible or intangible.
d. budgets are not prepared for anticipated capital expenditures
d
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Which one of the following is considered a financing activity?
a. The payment of interest on a note payable to the bank b. Selling products to customers c. Paying wages to employees d. The payment of a cash dividend
Cannibalized income is additional income to a company as a result of a new product
Indicate whether the statement is true or false
Components of a use case are tightly integrated and cannot be understood properly without each other
Indicate whether the statement is true or false
A nonresident alien earns $10,000 of dividends from a domestic corporation, which is the alien's only U.S. source income. Which one of the following statements is incorrect?
A) The nonresident alien's U.S. tax rate is 30% unless reduced by a tax treaty. B) The domestic corporation must withhold the U.S. taxes from the alien's dividend payment. C) The 30% tax rate is applied against gross income. D) The nonresident alien must pay estimated taxes on the dividend income at a 30% rate.