Business, 09.04.2021 01:10, MissSmartyPants88
Corporate income taxes account for A. 50 percent of all federal taxes collected and make up about 21 percent of all state and local taxes collected. B. 2 percent of all federal taxes collected and make up about 7 percent of all state and local taxes collected. C. 7 percent of all federal taxes collected and make up about 2 percent of all state and local taxes collected. D. 36.7 percent of all federal taxes collected and make up about 14 percent of all state and local taxes collected.
Answers: 3
Business, 22.06.2019 19:30, janayshas84
Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%
Answers: 3
Corporate income taxes account for A. 50 percent of all federal taxes collected and make up about 21...
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