Depreciation expenses directly affect a company's taxable income. An increase in depreciation expense will lead to a__taxable income. It will__tax deducted from a company's earnings, thus leading to__operating cash flow. According to a tax law established in 1969, taxpayers must pay the__of the Alternative Minimum Tax (AMT) or regular tax. Suppose a firm in the 40% federal-plus-state tax bracket needs to pay $1 in dividends to its shareholders. What is the pretax income it should have to pay this dividend?a. $1.00b. $1.67
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 14:30, deku6
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
Business, 22.06.2019 16:20, ashleyprescot05
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
You know the right answer?
Depreciation expenses directly affect a company's taxable income. An increase in depreciation expens...
Questions in other subjects:
Mathematics, 29.03.2021 15:30
English, 29.03.2021 15:30
