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The tax rates are as shown below: Tax Rate 15% Taxable Income $0 - 50,000 50,001 - 75,00 75,001 - 100,000 100,001 - 335,000 25%

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The tax rates are as shown below: Tax Rate 15% Taxable Income $0 - 50,000 50,001 - 75,00 75,001 - 100,000 100,001 - 335,000 25% 34% 39% Your firm currently has taxable income of $81,300. How much additional tax will you owe if you increase your taxable income by $22.500? Hurricane Industries had a net income of $142,300 and paid 40 percent of this amount to shareholders in dividends. During the year, the company sold 588.500 in new common stock, What was the company's cash flow to stockholders? Multiple Choice At the beginning of the year, Vendors, Inc., had owners' equity of $48.290. During the year, net income was $4.750 and the company paid dividends of $3,490. The company also repurchased $7190 In equity. What was the cash flow to stockholders for the year? Multiple Choice

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