Which of the following is an explanation for why insurance premiums on a key employee are not deductible? a) a deduction for the insurance premium would offset taxable income without the potential for the proceeds generating taxable income. b) the federal government does not want to subsidize insurance companies c) it is impractical to trace insurance premiums to the receipt of proceeds d) congress presumes that all expenses are not deductible unless specifically allowed in the internal revenue code. e)this rule was grandfathered from a time when the internal revenue code disallowed all insura premiums deductions

What is the difference between secure bonds and naked bonds?

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: