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14. The tax rates are as shown. Your firm currently has taxable income of $79,400. How much additional tax will you owe if you increase
14. The tax rates are as shown. Your firm currently has taxable income of $79,400. How much additional tax will you owe if you increase your taxable income by $21,000? Taxable Income Tax Rate $ 0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% 15. Cash flow to stockholders must be positive when: a. the dividends paid exceed the net new equity raised. b. the net sale of common stock exceeds the amount of dividends paid. c. no income is distributed but new shares of stock are sold. d. both the cash flow to assets and the cash flow to creditors are negative. e. both the cash flow to assets and the cash flow to creditors are positive
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