If annual lease payments for a firm are $26,000, calculate the annual tax shield of these payments, given that the marginal tax rate is 21 percent.
A. $16,900
B. $0
C. $40,000
D. $5,460
Answer: D
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Answer the following statement(s) true (T) or false (F)
1. When Maytag emphasizes durability and reliability of their products it is using a non price competition strategy designed to build brand loyalty. 2. For most products, as the quantity demanded goes up, price goes up also. 3. The equilibrium point occurs when all units of a product are sold at the highest price, meeting the expectations of both buyers and sellers. 4. The standard markup for products in almost all industries is 50 percent. 5. The purpose of break even analysis is to determine the equilibrium point.
Interest earned and receivable on a note receivable equals $75 for the month of March. What adjusting entry, if any, should be recorded as of March 31?
A. Debit Interest Revenue $75 and credit Interest Receivable $75. B. Debit Interest Receivable $75 and credit Interest Revenue $75. C. Debit Cash $75 and credit Interest Revenue $75. D. No journal entry is needed at this time.
? describes the dispersion or spread of the normal distribution
Indicate whether the statement is true or false
Matilda contracts to buy a new wheelbarrow over the Internet from Hannah. Hannah promises to ship the wheelbarrow overnight via a common carrier. Matilda provides Hannah with a credit card number and incurs a charge. The common carrier makes numerous attempts to deliver at Matilda's residence (when Matilda is not home) and has not left the wheelbarrow because leaving a package without a signature
is against its policy. After four days Matilda demands a refund from Hannah. Has Hannah met her obligations in the contract? a. No, because the seller must tender the goods. b. No, if the common carrier failed to use due diligence. c. Yes, because Matilda and Hannah had a mutual agreement. d. Yes, because Hannah has made the goods available to Matilda via courier delivery.