Tax bracket is defined directly from a gross income value

Assignment Help Business Economics

Reference no: EM131112206

1) Tax bracket is defined directly from a gross income value, not from taxable income value? True or False

2) Business can not claim depreciation expenses on a property it is leasing. True or False

3) To have a higher NPV of an after-tax CFS, owners would always prefer higher depreciation rate? True or False.

Reference no: EM131112206

Questions Cloud

Describe particular market transaction or activity : Describe a particular market transaction or activity that, in your opinion, creates an external cost or benefit. What action, if any, do you believe should be taken by the government in this case?

Lobster producing firm in perfectly competitive market : Consider the costs for the following lobster producing firm in a perfectly competitive market: TC=80+10q+q^2 & MC=10+2q. From the total cost function(TC) derive the average total cost(ATC), average variable cost(AVC) and average fixed costs(AFC) func..

Real interest rate is combination of inflation rate : Real interest rate is a combination of inflation rate and market interest rate, and increase when those rates increase. To have a higher NPV of an after-tax CFS, business owners would always prefer lower depreciation rates.

Support phillips theory and friedman theory respectively : At the end of 2014, the unemployment rate in the U.S. was 5%. The Federal Reserve has stated that it will conduct monetary policy to bring down this unemployment rate during 2015. According to the given information, which of the answer choices correc..

Tax bracket is defined directly from a gross income value : Tax bracket is defined directly from a gross income value, not from taxable income value? Business can not claim depreciation expenses on a property it is leasing. To have a higher NPV of an after-tax CFS, owners would always prefer higher depreciati..

Explain the phenomenon of money creation : Explain the phenomenon of money creation with fractional reserve banking using a numerical example with reserve ratio R=25%. Examine some of the problems governments and central banks face in trying to control the money supply and present any excepti..

Calculate the magnitude of the deadweight loss resulting : Two hundred paper mills compete in the paper market. The total cost of production (in dollars) for each mill is given by the formula TC = 500Qmill+ (Qmill)2 where Qmill indicates the mills annual production in thousands of tons. The marginal cost of ..

Tranching pool of assets reduces default risk of the pool : Fannie Mae performed the useful function of increasing the liquidity of the secondary market of mortgage loans. Putting different mortgage loans in a pool for selling is always bad for the economy. The asset in an asset backed security is often a fix..

Take credit for good economic performance : Presidents like to take credit for good economic performance. If there are lags in policies, explain why presidents may not deserve all the credits (or blame) for economic policies.

User Account

All Pages