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Use Polaris December 31, 2011, financial statements, in Appendix A near the end of the book, to answer the following:
a. Identify the dollar amounts of Polaris 2011 (1) Assets, (2) Liabilities, (3) Equity.
b. Using Polaris amounts from part a, verify that Assets = Liabilities + Equity.
this information relates to prophet co.1. on april 5 purchased merchandise from lombard company for 25000 terms 210
reliable cars has sales of 807200 total assets of 1105100 and a profit margin of 9.68 percent. the firm has a total
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Annual cash savings from the purchase of the machine will be $20,000. Compute the internal rate of return and payback period.
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Calculate the marginal tax rate and the effective tax rate for each of the C corporations. Explain why the marginal tax rate for a C corporation can exceed 35%, but the effective tax rate cannot.
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