Using the information provided by Falcon Networks determine the combined effective tax rate for 2012
a. 33.52%
b. 35.00%
c. 42.25%
d. 45.49%
C
Income tax expense / income before tax
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On the corporate balance sheet, which of the following would not be disclosed in the equity section?
a. par value; b. number of stockholders; c. number of authorized shares; d. total paid-in capital; e. amount of preferred stock subscribed.
One hedging method is to use one currency considered strong and a second currency considered weak, matching exposures.
Answer the following statement true (T) or false (F)
Depreciation on manufacturing equipment is an indirect product cost, while depreciation on office equipment is a period cost.
Answer the following statement true (T) or false (F)
?The percentage rate of return that investors earn on a bond consists of a(n):
A. ?interest yield plus a capital gains yield. B. interest yield plus the maturity value of the bond.? C. ?expected interest yield plus the principal value of the bond. D. ?expected capital gains yield plus the future value of coupon payments. E. ?market interest rate plus the coupon interest rate.