Question
1A: A major corporation has revenue of $1,500,000, operating expenses excluding depreciation of $500,000, and paid a $200,000 as a dividend. The companys depreciation is
1A:
A major corporation has revenue of $1,500,000, operating expenses excluding depreciation of $500,000, and paid a $200,000 as a dividend. The companys depreciation is $100,000. The corporation is 100% equity-financed and it faces a 10% tax rate. What is the companys net income?
1B:
What is the future value of $100 invested for 3 years at 12 percent interest?
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Personal Finance In Your 20s And 30s For Dummies
Authors: Eric Tyson
2nd Edition
9781119431411, 978-1119431411
