How much of felons income is apportioned to

Assignment Help Financial Management
Reference no: EM131807444

Felon Corporation's operations options include two manufacturing facilities, one in State A and one in state B.

The plane located in A generated $200,000 of income, and the plant located in B generated a loss of $50,000.

Therefore, Felon's total taxable income is $150,000.

By applying the statues of each state, Felon determines that6 its apportionment factor for A and B are .70 and .30, respectively.

How much of Felon's income is apportioned to:

Reference no: EM131807444

Questions Cloud

Approximate a geometric gradient for an engineer salary : An arithmetic gradient is to be used to approximate a geometric gradient for an engineer's salary, which is $35,000 initially.
Geometric gradient for an engineer salary : An arithmetic gradient is to be used to approximate a geometric gradient for an engineer's salary
Discuss the pro and con of the affordable health care act : Discuss the Pro's and Con's of the Affordable Health Care Act (Obamacare) and how you see it affecting you (individuals), companies.
How should the costs of the physical center : how should the costs of the physical center be assigned to various groups
How much of felons income is apportioned to : Felon Corporation's operations options include two manufacturing facilities, one in State A and one in state B.
Rebuild and extend the dragline even further : Should the firm spend $5M to rebuild and extend the dragline even further? This would reduce the annual drop in net revenues to $150K.
Determine that house prices are normally distributed : A realtor in Mission Viejo, California, believes that the standard deviation o f h o u se prices is more than 100 units, where each unit equals $1,000.
Reflection of personal leadership strengths : Reflection of personal leadership strengths and weaknesses in relation to the leadership practices from the leadership challenge
How did your account for inflation : Assume you will retire at age 65. What is the PW of earning the M.S. degree with an interest rate 5%? How did your account for inflation?

Reviews

Write a Review

Financial Management Questions & Answers

  How should given be reported in a statement of cash flows

Trevelyan Ltd sold equipment with a net book value of EUR 25,000 and recorded a gain of EUR 10,000 on disposal of non-current assets. How should this be reported in a statement of cash flows?

  Value of company is less than the face value of the debt

If the value of the company is less than the face value of the debt, you will declare bankruptcy and the debt holders will own the company.

  Weighted average cost of company can be used discount rate

In each of the following cases, evaluate and EXPLAIN whether weighted average cost of the company can be used as the discount rate:

  Issued non callable bond-what is the bond yield to maturity

Duller Image has issued a non callable bond that matures in 15 years. The bond has a par value of $1,000 and sells for $1,075. The bond has a 7 percent annual coupon rate. The coupon payments are made annually. What is the bond's yield to maturity?

  What is the present value of this stream of cash flows

The state lottery's million-dollar payout provides for $1.1 million to be paid in 20 installments of S55.000 per payment. The first 555,000 payment is made immediately, and the 19 remaining S55,000 payments occur at the end of each of the next 19 yea..

  What is rollins cost of debt-constant-growth firm

Rollins Corporation is estimating its WACC. Rollins is a constant-growth firm which just paid a dividend of $2.00. What is Rollins' cost of debt?

  Project total depreciation expense for year

Compute the average useful life that Techtronics used for depreciation in 2010. Project total depreciation expense for Year 1 using the following steps:

  What is the discounted payback period if the discount rate

An investment project costs $22310 and has annual cash flows of $6407 for six years. What is the discounted payback period if the discount rate is zero percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. ..

  Define the concept of term structure of interest rates

Define the six factors that determine the nominal interest rate on a security. Define the concept of term structure of interest rates. What are three theories that explain the future yield curve of interest rates

  Effective annual interest rate on lending arrangement

What is the effective annual interest rate on this lending arrangement?

  Stock produced returns

Over the past five years, a stock produced returns of 14%, 22%, -16%, 2%, and 10%. What is the probability that an investor in this stock will NOT lose more than 8% nor earn more than 21% in any one given year?

  Short-term securities prices and interest rates

Suppose the U.S. Treasury issued $50 billion of short-term securities and sold them to the public. Other things held constant, what would be the most likely effect on short-term securities' prices and interest rates?

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