Company Bulldogs issued fixed-rate 4.00% fonds due 2019 with a $1,000,000 face value on January 1, 2016 (meaning it is 4-year bond). The effective/market interest rate is 6.00%. Recall that cash interest payments were paid semi-annually. How much interest expense should Bulldogs recognize when it made its first coupon payment? Rounded to the nearest dollar Company Hilltops provides the following information in its income tax footnote: Current tax expense: US federal $450 US state $50 Foreign $200 $700 Deferred tax expense US federal $100 US state $20 Foreign $80 $200 If Hilltops reports pre-tax income of $3000 on its income statement, how much is the effective tax rate for the firm? 30.00% O 23.33% O 6.67% O 15.00% The salary expense for the CFO of Dante Corporation is $1,800,000 per year. In 2018, she agreed to defer $800,000 of her salary to the next year. Tax accounting is generally cash- based, and therefore, expenses are generally not deductible until paid. Dante's 2018 tax return does not include any deduction for the deferred portion of the CFO compensation. Holding everything else constant, how much is the difference between the pre-tax income on its 2018 income statement and taxable income on its 2018 tax return and does the difference create a deferred tax assets or a deferred tax liabilities? The difference between the 2018 pre-tax income on income statement and 2018 taxable income on tax return is $800,000 and the difference creates a deferred tax asset The difference between the 2018 pre-tax income on income statement and 2018 taxable income on tax return is $1,800,000 and the difference creates a deferred tax asset The difference between the 2018 pre-tax income on income statement and 2018 taxable income on tax return is $800,000 and the difference creates a deferred tax liability The difference between the 2018 pre-tax income on income statement and 2018 taxable income on tax return is $1,000,000 and the difference creates a deferred tax liability In 2014, Dan's Donuts reported current tax expense of $290,000, deferred tax expense of $50,000, deferred tax assets of $150,000, and deferred tax liabilities of $200,000, and pre- tax income of $1,000,000. What is your best estimate of the amount of income tax Dan will pay this year in relation to his 2014 operations? Note: If you think the answer is twenty-two thousand, enter 22.000. If you think the answer is a negative twenty-two thousand, enter-22.000