Answer:
Pre-tax book income $265,000
Less depreciation additional charge $14,500
Taxable income $250,500
Tax liability at 30% = $75,150
Shareholders' equity is equal to net fixed assets minus long-term debt plus net working capital.
Shareholders' equity refers to the amount owners of a company have invested in the said company:
- Shareholders' equity includes the money they've directly invested and the accumulation of income that has been accrued in the name of the company as earned since the start of the investment and reinvestment.
- It refers to the ownership of assets that may have liabilities or debts connected to them.
- Shareholder's equity is equal to the net fixed assets of the company subtracted from the long-term debt and added to the net working capital.
- Another way to ascertain shareholders' equity is by subtracting total assets from total liabilities.
Therefore, shareholders' equity is equal to net fixed assets minus long-term debt plus net working capital.
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Answer: buying stakes.
Explanation: a tame answer
Cecil Rhodes co-founded the DE beers mining company and used his power to increase British control of African territory. <span />