Which of these statements is TRUE of the corporate tax rate?
A-Corporations are taxed at a LOWER rate as an incentive for them to do business.
B-Corporations are always taxed twice, whether they passthrough profits or not.
C-Corporations pay more taxes than both SPs and Ps put together.
D-Corporations do business for themselves, but are taxed like they work for somebody else.
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Answers

Answer 1

Answer:

The statement that is TRUE of the corporate tax rate is A: "Corporations are taxed at a LOWER rate as an incentive for them to do business."

Explanation:

The corporate tax rate is the tax rate paid on the income of corporations, which is usually separate from the income of the individual owners or shareholders. In the United States, the corporate tax rate is generally lower than the individual income tax rate, which provides an incentive for corporations to do business and invest in the economy. This lower tax rate is designed to encourage businesses to grow and create jobs, which can benefit the overall economy. However, it is worth noting that the actual tax rate paid by a corporation can vary based on various deductions, credits, and loopholes, and some corporations may end up paying very little in taxes despite their income.


Related Questions

Which economic group in the U.S. is likely to benefit the most from falling oil and gas prices?
Why?

Answers

Answer:

i make a lot of gas so the prices can go down for everyone

Explanation:

Drag each label to the correct location on the image. Not all labels will be used.
Which of the following students are not eligible for student financial aid?
Tony didn't complete high school education.
Keith got average grades throughout high school.
Marshall has an excellent academic record but his family*
can't afford his education.
Miami resident Gareth does not have a social
security number.
Ineligible Students

Answers

Tony and Gareth are not eligible for student financial aid.

Fundamental eligibility necessities for economic student useful resources are:

Be a U.S. citizen or an eligible noncitizen (which includes a U.S. country-wide or everlasting resident) and feature a good Social security wide variety.

Have an excessive faculty diploma or GED certificates.

Be enrolled or general as a scholar in an eligible degree or certificate software.

Earn a minimum GPA.

Tony has still no longer finished excessive school, and Miami resident Gareth does directly not has a social security range.

Keith and Marshall may be eligible for the economic pupil helpful resource in the event that they meet all other necessities for monetary pupil resource.

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Suppose that congress were to institute an investment tax credit. What would happen in the market for loanable funds?.

Answers

An investment tax credit is a tax incentive that allows businesses to write off a portion of the cost of investing in new equipment or property. The credit is typically a percentage of the cost of the investment, and it can be used to offset income tax owed.

The impact of an investment tax credit on the market for loanable funds is twofold. First, it increases the demand for loans, as businesses seek to finance their investments. This increases the price of loans, and makes it more difficult for borrowers to obtain financing. Second, it decreases the supply of loanable funds, as businesses use the credit to reduce their income tax liability. This decrease in the supply of loanable funds drives up the interest rate.

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product costs include all of the following except question content area bottom part 1 a. advertising. b. cleaning products for the factory. c. direct materials used. d. assembly line workers.

Answers

A product costs include all of the following except for advertising. The Option A is correct.

What are considered as product costs in manufacturing?

Product costs are the expenses incurred to create a product for sale to customers. Direct material (DM), direct labor (DL), and manufacturing overhead are all part of the product costs (MOH).

Labor, raw materials, consumable manufacturing supplies, and general overhead are all examples of production costs. Total product costs are calculated by adding the total direct material and labor costs, as well as the total manufacturing overhead costs.

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___________is one in which employees at a given operation go to the source of required parts, such as machining on subassembly, and withdraw the units as they need them.
a. a classic base-stock system
b. a push system
c. a materials requirement planning system
d. a pull system

Answers

d. a pull system.

d. A pull system is one in which employees at a given operation go to the source of required parts, such as machining on subassembly, and withdraw the units as they need them.

A pull system is a lean manufacturing approach in which employees at a given operation go to the source of required parts, such as machining or subassembly, and withdraw the units as they need them. This approach is often used in just-in-time (JIT) manufacturing, where inventory is kept to a minimum and parts are only produced when they are needed.

In contrast, a push system is one in which items are produced based on a forecast or a schedule, and are pushed downstream to the next operation or customer regardless of whether they are needed or not.

A classic base-stock system is a type of inventory control system that uses a predetermined inventory level to trigger replenishment.

Materials requirement planning (MRP) is a computer-based inventory control system that plans and schedules the flow of materials into and out of an organization to ensure that production runs smoothly and efficiently.

Therefore, the option d. a pull system.

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On November 2, 2020, Bramble Company has cash sales of $6120 from merchandise having a cost of $3540. The entries to record the day's cash sales using a perpetual inventory system will include:

Answers

Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.

A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.

The journal entry to record days cash sales would be as given below:

Cash (Dr)                     $6,120

   To sales                                 $6120

(Being cash sales of $6,120)

Cost of good sold  (Dr)  $3,540

    To inventory                          $3,540.

(Being cost of cost of good sold)

 

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Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a person who has a career/personality conflict and explain what might be some negative consequences of having a career that doesn’t match your personality traits.

Answers

Because you would want to enjoy what you wanna be if u didn’t then you maybe wouldn’t do it corrected because your not enjoying it. Hope this helps!

I need a good answer to this by Friday. Research various sources or Web sites that can help an entrepreneur with writing a business plan.
Now create a "Top 10" list of these sources in a table. The first one has been done for you.
Discuss what your first choice of sources to use as an entrepreneur would be and explain why.

Answers

The Web sites that can help an entrepreneur in  writing a good business plan are:

The Economist.Forbes.com/entrepreneur.Under 30 CEO, etc.

What is a business plan?

A business plan is known to be a kind of written document that tells onw what they need to know about how a business can be run and also startup.

Concussively, Note that a business plan is regarded as the roadmap for any company in terms of marketing, financial standpoints, etc. The Economist will help the entrepreneur to know more about starting a business and what the market looks like.

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Isadora, a finance manager, is budgeting for the company's new line of production equipment. this equipment, which will be used for 20 years or more, is handled out of a(n) ________ budget

Answers

Isadora, a finance manager, is budgeting for the company's new line of production equipment. this equipment, which will be used for 20 years or more, is handled out of a(n) capital budget.

When evaluating the profitability of a business opportunity or asset, such as when entering a new market or purchasing new machinery, capital budgeting uses a number of formulas.

The capital budgeting procedure used to decide strategically whether to accept or reject a suggested investment project.

Investors may view a business owner's decision to make a long-term investment without capital budgeting as reckless. You can better comprehend a project's possible risks and rewards by using the capital budgeting analysis.

When pursuing a new investment project, a capital budget can also help with securing additional financing from banks or investors.

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Use the following scenario and data for questions 41 to 50 A car dealership decided to add an annex to its sales office as a customer lounge. The project is divided into the activities listed in the following table. The immediate predecessor(s), times and costs, both normal and crashed, are given. To finish the project sooner, the dealership has to make time and cost tradeoffs. If the project needs to be finished in 25 weeks, you are required to formulate a linear programming model to decide about how much to crash for each activity. Activity Immediate Predecessor(s) Time (weeks) Normal Crashed | Cost ($) Normal Crashed 1800 2400 2500 4300 3200 4600 2700 3500 3300 3800 2300 2900 4200 4700 2400 3300 B, C | шпель F, G To answer the following questions, you may want to use the last column of the following table to compute the cost of crashing an activity by one week. Activity Immediate Predecessor(s) Time (weeks) Normal Crashed B, C VW LUI Cost ($) Normal Crashed - Cost/Week " 1800 2400 2500 4300 3200 4600 2700 3500 3300 3800 2300 2900 4200 4700 2400 3300 wwuuw F, G QUESTION 49 A constraint Vas 2 in the model means O activity A should be finished within 2 weeks. the total time taken by activity A cannot be more than 2 weeks. O activity A cannot be crashed by more than 2 weeks. O activity A must be finished in week 2 after the start of the activity. O none of the above

Answers

The constraint V in the linear programming model refers to the minimum time required for an activity to be completed. In this scenario, constraint V being equal to 2 means that activity A should be finished within 2 weeks.

This implies that activity A is critical to the project timeline and cannot be delayed beyond 2 weeks without causing a delay to the entire project.

Therefore, the correct answer to question 49 is that the constraint V being equal to 2 means that activity A should be finished within 2 weeks.

It does not imply that activity A cannot be crashed by more than 2 weeks or that the total time taken by activity A cannot be more than 2 weeks. The constraint only states the minimum time required for activity A to be completed.

It is important to note that while crashing an activity can reduce its duration, it also increases the cost of that activity.

Therefore, when making time and cost tradeoffs, it is essential to consider the impact on the overall project timeline and budget.

By formulating a linear programming model and setting constraints based on the project requirements, the dealership can make informed decisions about how much to crash for each activity to meet the desired project completion time while minimizing costs.

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If you have 900 dollars and you save it for ten years woth eight percent interest, what will be it’s future value?

Answers

1620
900 times 8%, or 0.08 is 72. So 72 is the interest for 1 year. You multiply that times 10 for ten years of interest and get 720. You add 900 and 720 and you get 1620. Therefore, 1620 is how much you have after 10 years with eight percent interest. Hopefully this helps!

answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
3. Many jobs in the Personal Services pathway—such as hairdresser, personal trainer, massage therapist or barber—involve caring for people’s physical needs. List two important qualities that might be needed for success in these kinds of careers and explain how each of the qualities you mentioned are important to finding success in this field.

Answers

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

Hope this helps! Brainliest plz!

Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.

Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.

Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.

Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.

list the four questions asked in analyzing an adjustment on a work sheet.

Answers

The four questions asked in analyzing an adjustment on a worksheet are What is the balance? What should the balance be? What must be done to make the balance what it needs to be? What adjustment is made?

The beginning inventory balance in the trial balance columns is combined with the two inventory adjustments on a work sheet to generate the ending inventory balance in the adjusted trial balance columns. This balance is carried over to the balance sheet columns on the work sheet.

On the job sheet, the two modifications to the income summary are given particular care. Rather than combining the adjustments and placing the result in one of the adjusted trial balance columns, both adjustments are transferred to the adjusted trial balance columns, followed by the income statement columns.

The debit entry on the work sheet for income summary is used to report the beginning inventory balance on the income statement, and the credit entry for income summary is used to report the ending inventory balance on the income statement.

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A person's cognitive biases are MOST likely to affect what?

Question 1 options:

how their brains filter information


whether they use email or instant messaging


how much money they make


what kind of jargon they use

Question 2 (1 point)
Which of these is a secondary emotion?

Question 2 options:

fear


jealousy


anger


sadness

Question 3 (1 point)
Every afternoon at one o'clock, the air conditioner in Emilio's office turns on to lower the temperature by five degrees. Emilio finds it way too cold and it distracts him from his work. In this case, which element is affecting his perception and emotions?

Question 3 options:

culture


personality


physical environment


social media

Question 4 (1 point)
Hotaru is from Japan, where it is very common for multiple generations to live together. She is not judgmental of a 25-year-old man who lives with his parents because of her what?

Question 4 options:

physical environment


personality


culture


age

Question 5 (1 point)
Danielle tends to roll her eyes when listening to her little sister tell a story. What step should she take to increase her emotional awareness to address this issue?

Question 5 options:

consider her own feelings


monitor her facial expressions


operate on trust


be more empathetic

Answers

A person's cognitive biases are most likely to affect: A. how their brains filter information.An example of a secondary emotion is: B. jealousy.In this case, the element which is affecting his perception and emotions is: C. physical environment.Horatu from Japan is not judgmental of a 25-year-old man who lives with his parents because of her: C. culture.A step should she take to increase her emotional awareness to address this issue is: A. consider her own feelings.

What is framing effect?

In Psychology, framing effect can be defined as a cognitive bias wherein a person's choice from a group of options is primarily influenced by the positive or negative connotations pertaining to the options that are available.

What is cultural diversity?

Cultural diversity can be defined as an existence of cultural variety and cultural differences due to the presence of several ethnic groups that are living within a society.

In this context, we can logically deduce that some examples of distinctive cultural characteristics that differentiate groups are:

ReligionNational originAgeLanguage

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When working with Ivhich team would a pharmacy technician be working directly with physicians? Check all that
apply.
O FDA teams
healthcare teams
research teams
pharmacy management
hospital teams
Intro
Done

Answers

Pharmacy management would be working with pharmacy technicians.

Pharmacy technicians are particularly professional and important individuals of the drugstore crew and paintings under the supervision of a pharmacist. they're involved in the instruction, allotting, and supply of drugs and merchandise to sufferers.

Technicians get hold of written prescription requests from patients and perform medication reconciliation. Additionally, they may additionally get hold of prescriptions sent electronically from doctors' offices, and in some states, they're permitted to process requests via phone.

They discover, dispense, percent, and label a prescribed medication for a patient this is then reviewed for accuracy by a pharmacist before allotted to the affected person.

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John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

Answers

Answer:

D. Make the decision

Explanation:

The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.

___________ usually considered their move before they made the decision, and the move may be based on their desire to "do better" for their families.

Answers

The immigrants considered their move before they make decision, and move based on desire to "do-better" for their families.

When immigrants decide to move to a new country, they usually think about it carefully. They do this because they want to give their families a better life.

They hope to find better jobs, education, and healthcare opportunities. By making this big-change, they want to create a brighter future for their loved ones, with more chances to succeed and have a good life.
Their decision shows that they are determined to overcome challenges and build a better life for themselves and their families.

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As a factor of production, what is capital?

A. an industrial good

B. the natural resources used to create a product

C. the entrepreneur who sees how to make something useful

D. the tangible products made by labor

Answers

Answer:

Option "D" is the correct answer.

Explanation:

Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.

Which of the following is not one of the potential responses to a specific risk event?
A. Sharing
B. Transferring
C. Ignoring
D. Mitigating
E. Retaining

Answers

Ignoring is not one of the potential responses to a specific risk event.

What is specific risk?For investors, specific risks are hazards specific to a particular company, industry, or sector. This is the opposite of general market risk or systematic risk. Certain risks are also known as non-systematic or diversifiable risks.Specific risk is the risk that an event will occur that  directly or indirectly affects the market value of an asset or a particular group of assets. Rumors of raw silicon shortages, for example, are a particular risk  computer and tech stocks are exposed to. Examples include news  specific to a stock or  group of companies, such as the loss of a patent or a major natural disaster affecting corporate operations. Unlike systematic  or market risks, certain risks can be diversified.

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who here from K12? (sorry for asking this question)

Answers

Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

my 10 year old sister looked up anime and she looked at b-o-obies and she just cried-
help..

Answers

Eevee from Pokémon with huge knockers

which of the following is not an type of special occasion speech? presenting a business plan to your company presenting an award giving a toast at a wedding giving a eulogy at a funeral

Answers

Presenting a business plan to your company is not typically considered a type of special occasion speech. Special occasion speeches are typically given in specific contexts or events that have a unique significance, such as weddings, funerals, award ceremonies, or commemorative events.

These speeches are often delivered to mark a special moment, celebrate an achievement, honor someone, or provide comfort and support. Presenting a business plan, on the other hand, is a type of professional or informative speech that focuses on presenting a strategic plan or proposal for a business venture. It is typically delivered in a formal setting to stakeholders, investors, or decision-makers within the company.

While presenting a business plan may require effective communication skills and the ability to persuade or inform an audience, it is distinct from special occasion speeches that are closely tied to specific events or ceremonies. Special occasion speeches often involve emotional or ceremonial elements that are not present in the context of presenting a business plan.

In summary, presenting a business plan to your company is not considered a type of special occasion speech as it is typically categorized as a professional or informative presentation rather than a speech for a specific special event or occasion.

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When given an Income Statement, Balance Sheet, and Cash Flow Statement, how would you calculate the following in excel:

DuPont Analysis. Break down your company’s Return on Equity, ROE, into the 3-part DuPont Equation for each year. Comment on what factors caused changes in your company’s ROE over the time period.

Answers

To calculate the DuPont Analysis and break down a company's Return on Equity (ROE) into the three-part DuPont Equation in Excel, you need to analyze the company's Income Statement, Balance Sheet, and Cash Flow Statement. The three components of the DuPont Equation are Profit Margin, Asset Turnover, and Equity Multiplier. Analyzing changes in each component over time can help identify factors influencing the company's ROE.

To perform DuPont Analysis in Excel, follow these steps:

Retrieve the necessary financial statements, including the Income Statement, Balance Sheet, and Cash Flow Statement, for each year of analysis. Calculate the Profit Margin by dividing Net Income by Total Revenue. This ratio measures how efficiently the company generates profits from its sales.

Calculate the Asset Turnover by dividing Total Revenue by Average Total Assets. This ratio indicates how effectively the company utilizes its assets to generate sales. Calculate the Equity Multiplier by dividing Average Total Assets by Average Shareholders' Equity. This ratio shows the leverage or financial structure of the company.

Calculate the ROE by multiplying the Profit Margin, Asset Turnover, and Equity Multiplier. The formula for ROE is: ROE = Profit Margin x Asset Turnover x Equity Multiplier.

By analyzing changes in each component of the DuPont Equation over time, you can identify factors influencing the company's ROE. For example, an increase in Profit Margin may indicate improved cost management or pricing strategies. An increase in Asset Turnover may suggest increased efficiency in utilizing assets. Changes in the Equity Multiplier can be influenced by factors such as debt financing or stock buybacks.

In conclusion, DuPont Analysis allows for a comprehensive breakdown of a company's ROE by analyzing the Profit Margin, Asset Turnover, and Equity Multiplier. Examining changes in these components over time can provide insights into the factors impacting the company's ROE, including profitability, asset utilization, and financial leverage.

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PLEASE HELP I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!
Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?

through an electronic funds transfer (EFT)

with cash

with a certified check

with a standard check

Answers

I’d say a standard check because it doesn’t get checked by the bank if they have enough and you’re trusting the person that the check won’t bounce and then you’re out $6,000 while they already have the equipment.

A credit card holder has an outstanding balance on four different credit cards. which method of paying off the credit card will save the most money? a. snowballing payments according to the highest interest rate b. snowballing payments according to the lowest balance c. making fixed payments each month d. paying the minimum balance each month

Answers

The method of paying off the credit card that will save the most money is snowballing payments according to the highest interest rate.

This method involves making the minimum payments on all credit cards except the one with the highest interest rate, on which the debtor will make the largest payment possible. Once the card with the highest interest rate is paid off, the debtor moves on to the next card with the highest interest rate and so on until all the cards are paid off. This method saves the most money because it reduces the amount of interest that accrues over time.

In contrast, snowballing payments according to the lowest balance (option b) may provide a psychological boost by quickly eliminating a debt, but it may not save as much money in the long run. Making fixed payments each month (option c) and paying the minimum balance each month (option d) will result in more interest being paid over time and will therefore not save as much money as snowballing payments according to the highest interest rate.

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.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.

Answers

Answer:

Option C. Both variables are moving in the same direction.

Explanation:

The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.

In the model of mass-mediated communication, the: Select one: producers of the message control the reception of the content producers of the message control the interpretation of the content consumers interpret ads in a way that makes sense to them individually and serves their needs receiver's interpretations are always compatible with what the producer intended to convey

Answers

How information is conveyed is important,  mass-mediated communication allows information to reach a wide range of people.

What mass-mediated communication?

It is a communication method that involves sending messages through a medium either internet or television to a receiver (audience)  to produce some effect.

The communicator of the message controls the interpretation of the content to the receiver.

Therefore, in mass-mediated communication content producers of the message control the interpretation of the content

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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.

Answers

The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space

What is the meaning of Choreography?

In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.

These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.

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The percentage change in prices over time. This is a key indicator of the cost of
O Growth
O Recession
O Inflation Rate
O Unemployment Rate

Answers

ANSWER: Inflation Rate


I would say the third one
Other Questions
How did railroad expansion impact population growth in Louisiana?It made the population grow significantly because most railroads were owned and operated by Louisiana citizens who wanted to see economic growth.It only helped increase population in large Louisiana cities because other places had few railroad routes.It helped convince people to relocate to Louisiana because of their advertising campaigns and transportation offers.It had little impact because track growth was slow and railroads bypassed major cities. Grinch owns a mineral water spring that provides him with unlimited supply of water at no cost. He can bottle the water at a cost of $2 per litre. Grinch's neighbour, Scrooge, found a mineral spring of his own, that provides him with the same water quality as that of Grinch. It also costs him $2 per litre to get his water out of the ground and bottle it. The inverse demand curve for mineral water is given by P(Q) = 20 0.2Q, where P is the price per litre and Q is the number of litres sold. How many litres will each of them sell in the Cournot equilibrium? at its most basic, a firm's business-level strategy is about whom a company decides to serve, what customer needs and desires the company is trying to satisfy, and how the company decides to satisfy those needs and desires. T/F 8. Why might the Nile have been used as a highway instead of roads? Which unpopular king was forced by his rebellious nobles to sign the very important magna carta? how many terms are in the exspression 4{8+3x] Why are old portraits of European royals so hideous? Were those the beauty standards at the time or just due to inbreeding? Were the painters trying to make them look like that on purpose? f(x) = 2x + 12x + 16What is the average rate of change of f(x) on the interval [-3, -2]. Need help with this question for my practice Write an equation for this question:What is the point-slope form of a line that has a slope of and passes through point (7, 2)? complete the solution find the value of y when x equals 1 9x+7y=-12 the graph of f(x) = x3 -6x2 + 4x +1 hits the x-axis how many times? Can somebody help me write two more paragraphs about freedom a body paragraph and a conclusion paragraph domnics video game has a perimeter of 18 inches the width is 4 inches what is the height of the video game Dr. Freddy believes that the development of schizophrenia is solely caused by biological factors. Which of the following is NOT accounted for by this belief?If one member of a set of identical twins develops schizophrenia, the other twin has an almost 50 percent chance of also developing schizophrenia. depreciation is expected to be $2.25 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. The federal tax rate is 21% (ignore any possible state corporate taxes). Berndt has no debt. a. Set up an income statement. What is Berndt's expected net income? Its expected net cash flow? Enter your answers in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answers to the nearest dollar. Net income: $ Net cash flow: 5 b. Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? I. If depreciation doubled, taxable income would fall to zero, taxes would be zero, and net cash flow would decline. II. If depreciation doubled, taxable income would not be affected since depreciation and amortization are non-cash expenses. Net cash flow would also be unaffected. III. If depreciation doubled, taxable income would not be affected since depreciation and amortization are non-cash expenses. Net cash flow would double. IV. If depreclation doubled, taxable income would fall to zero, taxes would be zero, and net cash flow would be unaffected. v. If depreciation doubled, taxable income would fall to zero, taxes would be zero, and net cash flow would rise. c. Now suppose that Congress changed the tax law such that, instead of doubling Berndt's depreciation, it was reduced it by 50%. How would profit and net cash flow be affected? I. If depreciation were halved, taxable income and taxes would rise but net cash flow would fall. II. If depreciation were halved, taxable income, taxes, and net cash flow would all rise. III. If depreciation were halved, taxable income and taxes would decline but net cash flow would rise. IV. If depreciation were halved, taxable income, taxes, and net cash flow would all decline. V. If depreciation were halved, taxable income and net cash flow would rise but taxes would fall. d. If this were your company, would you prefer Cangress to cause your depreclation expense to be doubled or halved? Why? I. You should prefer to have lower depreciation charges and therefore higher cash flows. Net cash flows are the funds that are avallable to the owners to withdraw from the firm and, therefore, cash flows should be more important to them than net income. II. You should prefer to have higher depreciation charges and therefore higher net income. Net income represents the funds that are available to the owners to withdraw from the firm and, therefore, net income should be more important to them than net cash flows. 1II. You should prefer to have lower depreciation charges and therefore higher net income. Net income represents the funds that are Tncome and Cath Flow Analysis fiet incomei 3 Miet arh fisw: 1 would hapoen to reportind preft and to ner cash flow? Fow wasit wist te unefictid. fen wove double. woild profic and net cath fow te shected? bank capital will decline following an increase in interest rates if the value of its question content area bottom part 1 a. fixedrate liabilities is greater than the value of its variablerate liabilities. b. fixedrate assets is greater than the value of its variablerate assets. c. fixedrate assets is less than the value of its fixedrate liabilities. d. fixedrate assets is greater than the value of its fixedrate liabilities. suppose sat writing scores are normally distributed with a mean of 488 and a standard deviation of 113. a university plans to award scholarships to students whose scores are in the top 8%. what is the minimum score required for the scholarship? round your answer to the nearest whole number, if necessary. Determine the gain in the potential energy when a 8.0 kg box is raised 17.2 m. Landon wants to reduce electricity use at his house so he gives upwatching one hour of television a day. If his monthly average electricity billis reduced from $130 to $40. How much does it cost to watch one hour oftelevision each day? (Hint: use 30 days to the length of a month)