Answer:
$161 million
Explanation:
Given that,
Gross profit = $350 million
Operating expenses = $120 million
Tax rate = 30%
First, we need to find out the income before taxes by subtracting operating expenses from the gross profit then we are able to determine net income after taxes.
Income before tax:
= Gross profit - Operating expenses
= $350 million - $120 million
= $230 million
Net income after taxes:
= Income before tax - Taxes
= $230 million - (0.30 × $230 million)
= $230 million - $69 million
= $161 million
This can be a deterrent for engaging in practices that are ethically wrong during underwriting process.
Knowing that they could be fined large amount of money if found to be engaging in acts that ethically incorrect will serves to discourage investment banking firms from such acts.<span />
Answer:
as taxes increase, there is a decrease in supply
Explanation:
Well, outstanding debt is debt you owe to a creditor or multiple creditors. Outstanding debt can be on a credit card, loan or student loan. ... If the amount you owe is close to your credit limit that is likely to have a negative effect on your score.
The answer is<u> "The Society for Human Resource Management and HR Certification Institute".</u>
While investigating prerequisites for resource management jobs, it before long ends up obvious that HR confirmation is rapidly moving from being liked to being required. This is an indication that associations, regardless of whether in the for-benefit or non-benefit part, are seeing proficient accreditation with an expanding level of regard.
In fact, HR certification is currently observed as a central expansion to any HR expert's resume, especially as the present experts in human asset administration confront complex difficulties, for example, an absence of qualified ability and the globalization of business.
There are a number of nationally recognized human resources designations, including:
Society of Human Resource Management (SHRM)
