Blue Hamster Manufacturing owns 154,000 shares in the Black Sheep Broadcasting Company. It Black Sheep Broadcasting has 200,000 shares of common stock outstanding, can Blue Hamster Ple a single income tax return that reports the incomes and expenses of both companies? Yes, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is greater than or equal to 80%, as required by the U.S. Tax Code. No, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is less than or equal to 40%, whereas 50% or more is required by the U.S. Tax Code: No, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is less than or equal to 79%, whereas 80% or more is required by the U.S. Tax Code. Assume that the tax rate on corporate taxable income up to $50,000 is 15%, and 25% for income levels between $50,001 and $75,000. If the Clumsy Chihuahua Music Company has a taxable income of $55,000, then it has a tax liability of $8,750 and an average tax rate or Suppose you want to invest $10,000. You have two options: Option #1: Invest in municipal bonds with an expected return of 7.00%, or Option #2: Invest in the corporate bonds of Jefferson & Alexander Inc. which are offering an expected return of 10.15% Assume that your decision is based solely on your tax situation. If everything else is the same for both bonds, at what tax rate would you be Indifferent between these two bond investments? 31.03% 28.86% 39.72% 34.13%