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Question: How would each of the following changes tend to affect aggregate (that is, the average for all corporations) payout ratios, other things held constant? Explain your answers.
a. An increase in the personal income tax rate.
b. A liberalization of depreciation for federal income tax purposes-that is, faster tax write-offs.
c. A rise in interest rates.
d. An increase in corporate profits.
e. A decline in investment opportunities.
f. Permission for corporations to deduct dividends for tax purposes as they now do interest charges.
g. A change in the Tax Code so that both realized and unrealized capital gains in any year were taxed at the same rate as dividends.
Cikan Mining Co. acquired mineral rights for $16,200,000. The mineral deposit is estimated at 90,000,000 tons. During the current year, 13,750,000 tons were mined and sold.
Prepare all necessary entries on Cubs's books in connection with the investment beginning with the purchase of the common stock on August 15, 2014, and the sale on October 20, 2014.
1. what amount of net income is available to common stockholders for 2011? omit the sign in your response. net income
The AICPA ethics are evidently not an entire set of ethics
bassinger company purchases an oil tanker depot on january 1 2010 at a cost of 600000. bassinger expects to operate the
magic corporation an amusement park is considering a capital investment in a new exhibit. the exhibit would cost 161102
machinery purchased for 64480 by carver co. in 2008 was originally estimated to have a life of 8 years with a salvage
The computer automatically drops an employee from the payroll system when that employee has six consecutive weeks with no hours worked.
kapono farms exchanged an old tractor for a newer model. the old tractor had a book value of 12000 original cost of
pontiac companys division y had the following historical accounting data per unit based on 6000 units per period direct
Use the spreadsheet template provided to complete the following requirements. When using the spreadsheet you are required to provide the links from the General Ledger Accounts to the Live Trial Balance. Calculate and provide a cash flow statement for..
Determine the amount of net income or loss Thomas reported on its 2013 income statement.
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