O’reilly beverage company reported net income of $690,000 for 2016. in addition, the company deferred a $60,000 pretax loss on derivatives and had pretax net unrealized holding gains on investment securities of $30,000. the company’s income tax rate is 40%. how much is o’reilly’s comprehensive income for 2016? a. $660,000 b. $396,000 c. $720,000 d. $672,000 30. in the dupont formula, return on assets equals: a. gross margin on sales × inventory turnover b. profit margin on sales × inventory turnover c. equity multiplier × asset turnover ratio d. profit margin on sales × asset turnover ratio

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

Afamily wishes to save for future college expenses. which financial tool should the family invest in?