Reference no: EM133000755
Problem 1) Which of the following is a disadvantage starting a business as a corporation?
Select one:
a. Business profits are taxed as corporate and personal income.
b. Unlimited liability for people who invest in the business.
c. Difficult to sell the ownership interest in a corporation.
d. The life of the corporation is limited to the life of its owners.
e. Difficult to raise equity capital.
Problem 2) Which of the following activities will help achieve the primary goal of financial management?
Select one:
a. A company announces a plan to buy back 10% of its common shares to increase stock price
b. The board approves a plan to borrow money to finance a large cash dividend
c. A new product is approved for production after careful research and testing
d. The company president cuts advertising and research costs to meet market expectations
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Discuss the difference between tax evasion and tax avoidance
: Discuss the way in which SARS treats taxpayers of 65 years and older differently from those under this age and give reasons as to why you think this might be.
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List four deductions that may be claimed by a person
: Discuss the factors that SARS will generally consider in determining whether a natural person is ordinarily resident in South Africa during the tax year.
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Calculate the retained earnings balance at the end
: The company reported a $15,600 net loss and distributed a $12,400 cash dividend. Calculate the retained earnings balance at the end of the current year.
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Calculate after-tax profit
: A business had sales of $675,000, operating costs of $143,000, and interest expense of $32,100. The marginal income tax rate is 13%. Calculate after-tax profit.
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Which of the activities will help achieve the primary goal
: Which of the activities will help achieve the primary goal of financial management? Which is a disadvantage starting a business as a corporation?
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What the cash flow on the FRA
: All the interest rates are compounded quarterly. It enters FRA rate of 4% per annum. Alpha bet can borrow at LIBOR + 0.2%. What the cash flow on the FRA
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Thematic approaches to the study of literature
: Discuss whether horror legitimizes and/or valorizes acts of violence in Goddard's cabin in the Woods and Discuss whether horror legitimizes and/or valorizes
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Find the effective rate
: He signs a discount note at a credit union, using his expected commission as the maturity value. The discount rate is 8%. Find the effective rate (APR).
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Calculate common sized value for inventory
: A firm has sale of $1,510, current assets of $240, property, plant and equipment (net) of $450, and inventory of $90. Calculate common sized value for inventory
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