Answer:
option (d) $1.40 taxable income rather than $1.00 tax-exempt income
Explanation:
The taxpayer would prefer option (d) $1.40 taxable income rather than $1.00 tax-exempt income
The above statement will be chosen because in this case the after tax income will be greater than the tax exempt according to the condition given in the question
Given:
Marginal Tax bracket = 25%
thus,
Taxable income = $1.40
Tax = $1.40 × 0.25 = $0.35
Therefore,
The net income = Taxable income - Tax = $1.40 - $0.35 = $1.05
and,
$1.05 > $1.00
Answer:
b. a radio broadcast
Explanation:
The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all
Therefore as per the given options, the option b is correct
hence, the other options are incorrect
Answer:
Answer:
Dividend (D) = 4% x $100 = $4
Current market price (Po) = $18
Flotation cost (FC) = $1.50
Tax rate (T) = 40% = 0.40
Kp = <u> D
</u>
Po-FC
Kp = <u> $4
</u>
$18-$1.50
Kp = <u>$4
</u>
$16.5
Kp = 0.24 = 24%
Explanation:
Cost of preferred stock equals dividend divided by the difference between current market price and flotation cost. Cost of preferred stock is not tax deductible.
B. Ordinal is the Equal Employment Opportunity Act which requires employers to classify their employees by gender and national origin
