Which of the following statements about implicit and explicit taxes is false?
A. The taxpayer pays an explicit tax to the taxing jurisdiction.
B. The amount of implicit tax on an investment depends on the owner's marginal tax rate.
C. An investment yielding ordinary income taxed at the regular tax rates should not have an implicit tax.
D. None of the above is false.
Answer: B
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The Labrador Falls Company has three divisions: A Division, B Division, and C Division. A B CSales$320,000 $540,000 ? Net operating income 60,000 ? $24,000 Residual income ? 36,000 14,400 Average Division Assets ? ? 80,000 Cost of Capital 12% 16% ? Profit Margin 20% 5% ? Asset Turnover ? 4.0 ? Return on investment 15% ? ? What was B Division's return on investment (ROI) last year?
A. 16.00%. B. 20.00%. C. 33.75%. D. 24.00%.
________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
A) Demand satisfaction B) Competitive advantage building C) Marketing D) Total Quality Management E) Value chain management
Identify the adverb or adverbs in the sentence. The printing house inadvertently omitted the appendices from the bound prospectus
Working capital measures a business's ability to meet its long-term obligations with its current assets
Indicate whether the statement is true or false