Griffey Communications recently realized $125,000 in operating income. The company had interest income of $25,000 and realized $70,000 in dividend income. The company's interest expense was $40,000. Tax on Base Percentage on Taxable Income of Bracket Excess above Base Up to $50,000 $ 0 15% $50,000$75,000 7,500 25 $75,000$100,000 13,750 34 $100,000$335,000 22,250 39 $335,000$10,000,000 113,900 34 $10,000,000$15,000,000 3,400,000 35 $15,000,000$18,333,333 5,150,000 38 Over $18,333,333 6,416,667 35 Using the corporate tax schedule above, what is Griffey's tax liability? a. $34,340 b. $36,057 c. $32,623 d. $30,992 e. $29,442

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.

It's possible for a debt card transaction to bounce true or false