Determining marginal tax rate
In 2012, Firm A paid $50,000 cash to purchase a tangible business asset. In 2012 and 2013, it deducted $3,140 and $7,200 depreciation with respect to the asset. Firm A's marginal tax rate in both years was 35 percent.
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Assume the same facts as part (a) except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.
Students can pack the following amounts of fish in an hour. Wanda can sell her fish for 33.33 cents a pound, and the wage rate of packers is $7.50 an hour.
a $25,000 transfer from the General Fund to an enterprise fund; a $10,000 transfer from an enterprise fund to an internal service fund and a $5,000 transfer from an enterprise fund to the General Fund. In the Business-type Activities column of the
Explain how the credit crisis affected the credit risk premium in the commercial paper market.
Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?
Tetrangle Manufacturing has fixed costs of $2,160 per day. The firm manufactures bicycle component upgrade kits. What is the degree of operating leverage when daily output is Q = 170?
During 2012, intra-entity sales of $130,000 (original cost of $64,000) were made. Only 20 percent of this inventory was still held within the consolidated entity at the end of 2012. In 2013, $200,000 in intra-entity sales were made with an origina
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession?
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