Part A&B

The tax rate schedule is as follows: 0 to 10,000 10% 10,001 - 50,000 20% 50001 - 100,000 25% What is the amount of taxes to be paid on an income of 85,000? 17,750 17,900 18,370 18,800 In a given year no new debt was issued and $500 of the existing debt was repaid. The dividend payment in that year was $100. There were no new stock issues and the stock buybacks increased the treasury stock by $300. The cash from/to financing in that year was: -$300 $600 5800 -5900