Question 11 Which one of the following actions by a financial manager is most likely to create an agency problem? O refusing to lower unit prices if doing so will reduce the net profits increasing sales prices if doing so will increase the firm's stock price O refusing to borrow more money when doing so will create losses for the firm O increasing management bonuses if doing so will lower the value of the firm's equity Question 12 Question 44 Use the following tax table: Taxable income Tax rate $ 0 - $ 50,000 15% $ 50,001 - $ 75,000 25% $ 75,001 - $ 100.000 34% $ 100,001 - $335,000 39% If a firm's taxable income is $85,000, then the O average tax rate is 30.18%. O average tax rate is 44.88%. marginal tax rate is 25.00%. O average tax rate is 20.18%. Question 41 2 pts If cash flow from operations is $8,300, net capital spending is positive $3,500, and net working capital declines by $1,600 for the year, what is the cash flow from assets? O $ 10.200 O $ 6,400 O $ 14,100 O $ 13,400