Calculate the corporate tax on earnings before tax (EBT) of the following amounts: a. $37,000 b. $57,000
Question:
Calculate the corporate tax on earnings before tax (EBT) of the following amounts:
a. $37,000
b. $57,000
c. $88,500
d. $110,000
e. $5,375,000
f. $14,000,000
g. $17,350,000
h. $23,500,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
a 37000 x 15 5550 b 50000 x 15 7500 7000 x 25 1750 9250 c 50000 x 15 7500 250...View the full answer
Answered By
David Muchemi
I am a professional academic writer with considerable experience in writing business and economic related papers. I have been writing for my clients who reach out to me personally after being recommended to me by satisfied clients.
I have the English language prowess, no grammatical and spelling errors can be found in my work. I double-check for such mistakes before submitting my papers.
I deliver finished work within the stipulated time and without fail. I am a good researcher on any topic especially those perceived to be tough.
I am ready to work on your papers and ensure you receive the highest quality you are looking for. Please hire me to offer my readily available quality service.
Best regards,
4.60+
27+ Reviews
61+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
Question 9 What statement is not a mechanism of resistance used by microorganisms to avoid being killed by antibiotics? Decreased influx of the antibiotics O Amplification of the target Increased...
-
If it is known that V(t) = 12 cos(20t) is the voltage source given to an ideal transformer, determine, (a) the turn ratio (n) and impedance (L) to the load, (b) the complex power provided by the...
-
The table contains real data. MySpace U.S. Advertising Revenue ($ millions) (a) Determine the maximum and minimum values for each variable in the table. (b) Use your results from part (a) to find an...
-
What is the expected profit?
-
What is the contribution per unit for Hummus-to-Go?
-
Determine which pairs of the following models are nested models. For each pair of nested models, identify the complete and reduced model. a. E1y2 = b0 + b1x1 b. E1y2 = b0 + b1x1 + b2x2 + b3x3 c. E1y2...
-
On January 1, 2015, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. Payments of $566.14 are due at the end of each month, with the...
-
Jose Ruiz manages a car dealers service department. His department is organized as a cost center. Costs for a recent quarter are shown below. Cost of parts $ 8,212 Mechanics wages 6,129 Managers...
-
Figure 2.0 shows a system of two tanks which are used for temporary (tank 1) storage and longer-term (tank 2) storage of the iquid product. The demand is satisfied from the temporariy storage tank...
-
Joan and Harry Leahy both had income in 2006. Harry made $52,500 in wages. Joan has an incorporated small business that paid her a salary of $30,000. In addition, the business had profits of $15,000,...
-
Microchip Inc. had the following profits and losses in the years indicated. 2004 ........$5,000,000 2005 ..........350,000 2006 .......(3,450,000) How much federal tax will it eventually pay for...
-
Simulate the Manna model on a square lattice. The model is defined in the following way, see [276, 354]. Each site can contain zero or one particle. New particles are added to randomly chosen sites....
-
how could a government or world leader have used ERM to respond to one of the financial, operational, or governance aspects of the covid19 pandemic? include references for further reading.
-
Computing and Interpreting Return on investment Selected operating data for two divisions of Outlook Brewing, Ltd., of Australia are given below: Division Queensland New South Wales Sales: $4,000,000...
-
Consider a parcel of land that contains an even ages stand of trees currently of age in A in t=0. you have to decide how much longer to allow this stand to grow given that when you cut the stand, you...
-
What does the company report for the following accounts for the most current fiscal year:Enter your answer in thousands.a . Cash$fill in the blank 1 1 , 1 5 4 , 8 6 7 b . Short - term investments (...
-
Consider the translational mechanical system with a nonlinear spring shown below. The spring is defined by s(t)=ks(t), where x(t) is the spring length and f(t) the spring force. Nonlinear spring 0000...
-
Find the present value (rounded to the nearest dollar) of: 1. $\$ 15,000$ due in 5 years at 8 percent compounded annually 2. $\$ 25,000$ due in $81 / 2$ years at 10 percent compounded semiannually....
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
Find the sum of the odd integers between 48 and 136 .
-
If Sharon Henderson of the previous problem is also a founder of the company and has retained 8 million shares of its stock, how much of a difference will the auditors decision make in her personal...
-
What information are we likely to be interested in thats contained in a loan amortization schedule?
-
In a retail store a discount is a price reduction. What's a discount in finance? Are the two ideas related?
-
Problem 3 Progress Company acquired 6 0 % of Stall Corporation on 1 2 0 2 0 . Fair values of Stall's assets and liabilities approximated book values on that date. Progress uses the initial value...
-
C: The sor at the poopecin 0ieund to twe oxind places)
-
What information may an Appeals Officer not consider when reviewing a taxpayer's case? Select one: a. The cost involved for the IRS to hire an expert witness for litigation. b. Litigation hazards...
Study smarter with the SolutionInn App