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galben [10]
3 years ago
8

Mattel Inc.'s2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,02

2 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. Assume Mattel’s statutory tax rate for 2016 is 37%. Mattel's 2016 effective tax rate is: Select one: A. 22.4% B. 37.0% C. 19.4% D. 17.7% E. None of the above
Business
1 answer:
Sophie [7]3 years ago
3 0

Answer:

A. 22.4%

Explanation:

Income TAXES

Operating profit before interest and tax  $ 519.233  

Net nonoperating expense before tax -$ 109.491  

Subtotal $ 409.742  

Provision for income taxes -$ 91.720 -22,4%

Net Income $ 318.022  

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Crane Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees
stiv31 [10]

Answer:

$118,000

Explanation:

Calculation to determine what Crane should report a pension asset / liability

Fair value of plan assets $740,000

Less Projected benefit obligation ($ 622,000)

Pension asset / liability $118,000

($740,000-$622,000)

Therefore Crane should report a pension asset / liability of $118,000

7 0
3 years ago
Cate is the daughter of a Senator and the former CEO of a Fortune 500 company. Harry grew up on a farm, tilling the land for a l
Jobisdone [24]

Answer:

They will have an Exogamous marriage.

<u>Explanation </u>

Exogamous marriage or exogamy is the custom of marrying outside a predetermined group of individuals to which an individual has a place. Additionally, blood family members, union with individuals from a particular totem, clan(s), or other groups might be prohibited. Something contrary to exogamy is endogamy. Exogamy was acquainted with averting marriage between blood relations, particularly among siblings and sisters, which had been standard in a past condition of indiscrimination.

4 0
4 years ago
Terms that identify the type of web resource such as .com, .edu, and .org are called _____.
fiasKO [112]
D.) Top-level domains.

Lots of people put mistake this for b.  It is not the same as the URL address
6 0
3 years ago
Read 2 more answers
Which health/safety law requires continued health insurance coverage (paid by employee) following termination?
Aleks04 [339]

Consolidated Omnibus Budget Reconciliation Act (COBRA) is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

<h3>What is COBRA?</h3>

It is a federal health/safety law, passed in 1985, that allows workers after termination the right to stay in the same health insurance plan they previously had.

It seeks for workers and their families to continue their employer-sponsored “job” insurance if that insurance would end due to job loss or divorce or death in the family.

Therefore, we can conclude that COBRA is a law that gives workers the right or permission to temporarily keep their medical coverage provided by their health plan after termination.

Learn more about Consolidated Omnibus Budget Reconciliation Act here: brainly.com/question/8891400

3 0
2 years ago
The movies Goldfinger (James Bond Movie) and Die Hard 3 (Die Hard with a Vengeance) both involve the perpetrators doing somethin
yaroslaw [1]

Explanation:

After the failure of a drug factory in Latin America, James Bond — agent 007—goes to Miami Beach. Where he receives orders from his boss, M, by CIA agent Felix Leiter, to monitor the bullion dealer Auric Gold Finger, who is staying at the same hotel as Bond. The investigator sees Gold's finger gambling on gin rummy and saves him by manipulating his worker, Jill Master's son, and extorting Gold's finger from losing. Bondand Jill is consummating their current relationship; however, Bond is eventually deprived of Gold Finger's Korean manservant Odd's work. As Bond regains consciousness, he discovers Jill dead, coated in gold polish, dying from "epidermal suffocation."

In Paris, Bond discovers that his goal is to decide whether Gold Finger smuggles gold globally. Bond arranges to encounter Gold Finger socially and wins a high-stakes game of golf against him, with the Nazi gold bar at stake. Bond leads him to Switzerland, where Tilly, Jill Masterson's niece, attempts an futile attempt at vengeance by shooting a Gold Finger sniper gun.

Bond wanders into Gold Finger's factory and learns that he smuggles the gold by burning it down and putting it into the bodywork of his vehicle, which he brings with him every time he drives. Bond even overhears him speak about "Project Grand Slam" to a Red Chinese agent called Mr. Ling. Leaving, Bond comes across Tilly as she's attempting to destroy Gold Finger again, but she's creating an alarm in the process; odd job kills Tilly with her hat. Bond is caught and Gold finger binds Bond to the cutting table below the advanced torch, which proceeds to break a sheet of gold in two, with Bond sitting on it. Bond lies telling the Gold Finger which MI6 learns of Grand Slam, leading the Gold Finger to save Bond's life and trick MI6 into thinking that Bond has matters in order.

8 0
3 years ago
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