How large is this firm tax bill

Assignment Help Financial Management
Reference no: EM132020336

1. What is the market value of a bond that will pay a total of 15 annual coupons of $100 each over the remainder of its life? Assume the bond has a $1,000 face value and an 8%/year yield to maturity.

a. $1,192.07

b. 1,171.19

c. $634.86

d. $1,196.36

e. $1,135.90

2. Given a tax rate of 15% for income up to $50,000, a tax rate of 25% for income between $50,001 and $75,000, and a tax rate of 34% for income between $75,001 and $100,000, and a tax rate of 39% for income above $100,001, if ABC Inc. reports taxable income of $190,000. How large is this firm's tax bill?

a. $78,000

b. $48,750

c. $57,350

d. $56,350

e. $91,125

Reference no: EM132020336

Questions Cloud

What is the beta of portfolio : You invest 20% in asset A with a beta of 1.25 and 40% in asset B with a beta of 1.1. What is the beta of the portfolio?
Weighted average cost of capital for audio shop : The company's tax rate is 34 percent. What is the weighted average cost of capital for Al's Audio Shop?
Determine their investment plan for the year : It is January 2nd and senior management of Chester meets to determine their investment plan for the year.
What is the net present value of this project : If the appropriate discount rate for the project's cash flows is 10%, what is the net present value of this project?
How large is this firm tax bill : if ABC Inc. reports taxable income of $190,000. How large is this firm's tax bill?
Both companies have similar operations : Gerold's Toys has a fixed asset turnover rate of 1.1 and a total asset turnover rate of .96. Both companies have similar operations. Bob's Toys:
What is the net present value of project : If the appropriate discount rate for the project's cash flows is 10%, what is the net present value of this project?
What is portfolio standard deviation : The correlation coefficient between A and B is 0.1. What is your portfolio standard deviation?
Calculate the present value of total inflows : Compute the discount rate. Calculate the present value of total inflows.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd