The income statement for Simpson, Inc. indicates that tax expense was $30,000. The balance sheet indicates that taxes payable for the same year increased by $5,000. What amount did Simpson, Inc. actually pay in taxes during this year? Select one: a. Cannot be determined without the cash balance b. $20,000 c. $15,000 d. $25,000 Financial analysis Select one: a. is accounting record-keeping using generally accepted accounting principles. b. uses historical financial statements and is thus useful only to assess past performance. c. uses historical financial statements to measure a company performance and in making financial projections of future performance. d. relies on generally accepted accounting principles to make comparisons between companies valid. If you invest $750 every six months at 8 percent compounded semiannually, how much would you accumulate at the end of 10 years? Select one: a. $10,193 b. $22,334 c. $10,065 d. $21,731 You are considering an investment in Citizens Bank Corp. The firm has a beta of 16. Currently, U.S. Treasury bills are yielding 2.75% and the expected return for the S&P 500 is 14%. What rate of return should you expect for your investment in Citizens Bank? Select one: a. 20.75% b. 11.15% c. 15.39% d. 16.75%