Jovar inc,. a u. s. multinational, began operations this year. jovar had pretax u. s source income and foreign source income as follows.

u. s. source income $600,000
foreign source income $100,000
total $700,000

jovar paid $50,000 income tax to country o. compute jovar's u. s. tax liability if it takes the foreign tax credit. show work.

a. $213,000
b. $221,000
c. $204,000
d. $238,000

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check

Why should managers invest any excess cash