Given the information from 20 above, what is the income tax paid rate for Ken Can? a. 57 9% b. 16.7% c. 15.3% d. 26 4% Fly by Night Airways purchase or leases its entire aircraft fleet. Since Fly by Night already has too much debt, they would prefer off-balance-sheet financing, which can be achieved using: a. Using convertible bonds to buy all aircraft rather than leasing b. Capital leases c. Operating leases d. Stock options Arrow Co. has a net income (after tax) of $1.5 million, a holding gain on marketable securities classified as held-to-maturity of $40,000, a foreign currency translation loss of (all-current method) of $90,000, and an income tax expense of $230,000. Arrow will report a comprehensive income of: a. $1,410,000 b. $1,220,000 c.$1,450,000 d. $1,500,000