Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth potential that pays an 8 percent dividend yield. Assume that the tax rate on dividends is 15 percent. What is Jose's marginal tax rate?
A. 47 percent.
B. 15 percent.
C. 37 percent.
D. 32 percent.
E. None of the choices are correct.
Answer: D
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A public corporation filing a quarterly tax report would be providing
A) a progress report. B) a compliance report. C) a justification report. D) a periodic operating report. E) a policy and procedure report.
Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation?
A. feedback barrier B. encoding barrier C. medium barrier D. sender barrier E. receiver barrier
Answer the following statements true (T) or false (F)
1. The GLOBE project is a large, ongoing effort to find technological improvements to assist world trade. 2. Power distance refers to how loosely or tightly people are socially bonded. 3. According to the GLOBE project, the United States is among the countries highest in the cultural dimension of performance orientation. 4. The GLOBE cultural dimension that examines the extent to which a society should minimize gender discrimination and role inequalities is known as gender egalitarianism.
Kertas, Inc. produces paper and office supplies and uses the just-in-time inventory system. Currently, the company is using variable costing. Which of the following is TRUE of the effect of costing systems on the financial results of Kertas?
A) Its operating income will be significantly higher if the company uses absorption costing instead of variable costing. B) Its operating income will be significantly lower if the company uses absorption costing instead of variable costing. C) Its operating income will vary a little if the company uses absorption costing instead of variable costing. D) Its operating income will be negative if the company uses absorption costing instead of variable costing.