Chase Cutter has a marginal tax rate of 33 percent, a state income tax rate of 3.5 percent, and a city income tax rate of 0.5 percent
The tax for Social Security and Medicare is 7.65 percent. What would be the effective marginal tax rate on your last dollar of earnings?
A) 33 percent
B) 36.5 percent
C) 39.6 percent
D) 44.65 percent
Answer: D
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The earnings per share is computed for:
a. common stock. b. non-redeemable preferred. c. redeemable preferred. d. common stock and non-redeemable preferred stock. e. common stock and fully diluted preferred stock.
Which of the following factors would increase the likelihood that a company would call its outstanding bonds at this time?
A. A provision in the bond indenture lowers the call price on specific dates, and yesterday was one of those dates. B. The flotation costs associated with issuing new bonds rise. C. The firm's CFO believes that interest rates are likely to decline in the future. D. The firm's CFO believes that corporate tax rates are likely to be increased in the future. E. The yield to maturity on the company's outstanding bonds increases due to a weakening of the firm's financial situation.
Few countries guarantee compensation to foreign investors if their property is taken
Indicate whether the statement is true or false
Effective corporate ethical policies must be integrated throughout the firm.?
Indicate whether the statement is true or false