U. S. individual owns 100% of an S corporation that owns 100% of a U. K. subsidiary ("UKSub"). UKSub has post-1986 undistributed earnings and profits of $500,000 and post-1986 foreign income taxes of $120,000. UKSub has never paid a dividend. Further assume that U. S. individual is in the 37% tax bracket. What is U. S. individual's U. S. tax liability? What is the U. S. individual's U. S. tax liability if UKSub distributes a $500,000 dividend?

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money. msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach