The advantages of electronic tax research libraries do not include:
A. Portability.
B. The ease with which such libraries can be updated for new developments.
C. Speed of access and search.
D. All of the above are advantages of electronic tax research libraries.
Answer: D
You might also like to view...
When using email to deliver feedback, ______.
a. you should leave the subject line blank b. you should keep the message short and direct c. you can consider the emotions of the receiver d. it is useful and productive to also “get something off your chest”
When stockholders exchange their shares of stock for additional shares, and there is a corresponding reduction in the par value of the stock, a stock ____________________ has occurred
Fill in the blank(s) with correct word
High contact services are likely to:
a. Be as hard or easy to manage as low contact services b. Be harder to manage than low contact services c. Be easier to manage than low contact services d. Require no management
Magnetic Attractions Inc a web-based dating company, needs to raise capital to finance an expansion in their business. The company is trying to decide between borrowing or issuing more equity
Selected financial information is provided in the table below. The current capital structure is shown in the column labeled "Current." Under Option E, they will sell 200 new shares at the current price. Under Option D, they will borrow $160 at 6.25% and no new equity will be issued. There are currently 400 shares outstanding, and the firm is debt-free. The tax rate is 40%. To help Magnetic Attractions with its decision, what is the EBIT-EPS indifference point? Magnetic Attractions Inc Current Option E (Equity) Option D (Debt) Debt 0 $0 $160 Interest 0 $0 $10 Tax Rate 40% 40% 40% Price $0.80 N/A N/A Shares Outstanding 400 600 400 A) $32 B) $48 C) $16 D) $30 E) $28