Problem related to marginal tax rate for firm

Reference no: EM13141243

For the year ending June 30, 2008, the Austin Corporation has current assets of $ 275,000 and total assets of $ 900,000. It also has current liabilities of $ 150,000, equity of $ 200,000, and retained earnings of $ 100,000. The marginal tax rate for the firm is 30%. How much long-term debt does the firm have?

a) $ 250,000

b) $ 350,000

c) $ 315,000

d) $ 450,000

Reference no: EM13141243

Questions Cloud

Explain devise a signal conditioning system : Devise a signal conditioning system that will provide an appropriate digital output to a computer. Specify the requirements on the ADC and appropriate analog conditioning to interface your ADC.

Calculate the increase in entropy : Calculate the increase in entropy when 3.50 mol of monatomic perfect gas with Cp = 5/2 R is heated from 250 K to 700 K and simultaneously expand from 20.0 L to 60.0 L.

Research the concepts : Research the concepts of credit risk and credit scoring in determining whether a financial institution should lend at an appropriate level of risk or not lend to a loan application.

Explain java programming with commented code : Java Programming with Commented Code, A marketing research company has hired you to develop a program. Analytics Nation, Inc. has gathered information from about five different products. They would like to follow up with 1% of these households.

Problem related to marginal tax rate for firm : For the year ending June 30, 2008, the Austin Corporation has current assets of $ 275,000 and total assets of $ 900,000. It also has current liabilities of $ 150,000, equity of $ 200,000, and retained earnings of $ 100,000. The marginal tax rate f..

What is the likely that the negotiations wi end successfully : after a one hour stand-off, what is the likelihood (in percentages) that the negotiation will end successfully? After four hours? After eight hours?

Define a sinusoidal voltage has a maximum value : A sinusoidal voltage has a maximum value of 100V, and the value is 10V at t=0. The period is T=1ms. Determine v(t)

Stock repurchase announcement : If management estimates that a stock repurchase announcement will increase stock price by 5 percent, how many shares should they be prepared to repurchase?

What is the partial pressure of argon in the flask : A 1 L flask is filled with 1.45 g of argon at 25 C}. A sample of ethane vapor is added to the same flask until the total pressure is 1.25 atm.what is the partial pressure of argon in the flask?

User Account

All Pages