1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vesna_86 [32]
3 years ago
14

Incite co. has a 36 percent tax rate. its total interest payment for the year just ended was $35 million. what is the interest t

ax shield?
Business
1 answer:
butalik [34]3 years ago
4 0
<span>Tax shield is the saving in tax due to exemption of tax on interest expense = interest expense * tax rate = $35 million * 36% = $ 12.6 million</span>
You might be interested in
an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities wi
mixer [17]

An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>

The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

Find out more on the Sarbanes-Oxley Act of 2002 at brainly.com/question/13398903

#SPJ1

4 0
1 year ago
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.4 mil
grandymaker [24]

Answer: 22.71 million

Explanation:

The labor force refers to both the employed and unemployed populations of a country. In other words it comprises of those who are working and those who are not working but are able to and are currently seeking employment.

Labor force = Unemployed + Employed

= 3.4 + 1.72 + 4.4 + 13.19

= 22.71 million

Those who have not looked for work in sex weeks and above are not considered unemployed.

Part time employees are considered employed.

5 0
2 years ago
A _____ chart shows individual figures at a specific time, or shows variations between components but not in relation to the who
Yanka [14]

Answer:

Bar chart

Explanation:

A bar chart can as well be regarded case a "bar graph", it can be explained as a chart/graph that gives the representation of categorical data as a

rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.

4 0
3 years ago
Bill gore believed in keeping operational facilities small due to his focus on high quality interpersonal relationships, and as
lorasvet [3.4K]

The level of organizational culture that is being described in the scenario above is the basic underlying assumptions in which this level focuses more on taking beliefs for granted in a way that they use their thoughts and feelings in a course of action in which Bill does because of his beliefs.

8 0
3 years ago
Read 2 more answers
Usually a company is classified as a single business firm when revenues generated by the dominant business are greater than ____
hammer [34]

Answer: A company is classified as simple business when revenues generated by the dominant business are greater than 95%.

Explanation: The advantage of having a company where its profits come from a single type of activity, is that they concentrate all their forces and can have a better competitive advantage than in the opposite case, activities are diversified. Example: A company dedicated to the manufacture of private vehicles would be simple if it only executes the manufacture of vehicles and diversified when it sells in addition to private vehicles, trucks and motorcycles.

4 0
3 years ago
Other questions:
  • Assume that the demand for tuna in a small coastal town is given by p = 400,000 q1.5 , where q is the number of pounds of tuna t
    6·1 answer
  • Both James and Thomas have theories that explain why listening to classical music while reading is associated with increased rec
    13·1 answer
  • Whose responsibility is it to identify credit report errors?
    13·1 answer
  • Securities issued by all of the following organizations are exempt from the registration requirements of the 1933 Securities Act
    12·1 answer
  • Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 5.90%, and a maturity risk premium of 0.
    13·1 answer
  • A manufacturing company uses 1000 non-returnable special pins a month, which it purchases at a cost of $2 each. The manager has
    15·1 answer
  • How to use smok mico kit?
    7·1 answer
  • Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange
    15·1 answer
  • Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
    12·1 answer
  • What's the primary benefit of being prequalified for a mortgage? Pick the best answer.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!