UUM $270,000 d. 590.000 None of the above. EB he income or less through 2017 follows: Parent Associates was incorporated in 2010 te had t Year "Taxable income 2010 $30,000 2011 $10.000 2012 ($30,000) 2013 ($20,000) 2014 $10,000 2015 ($5,000) 2016 $40,000 2017 $10,000UO7 Assuming year 2017 has been completed and the tax rate is 40%, what was the adjusted taxable income for year 2016? a. $16,000 b. $45,000 c. $35,000 d. $40,000 e. none of the above The Chris Mullens Company has $1.275,000 in current assets and $500,000 in current liabilities. Its initial inventory level is $400,000, and it will raise funds as additional notes payable and we them to Increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.4? a. $131,250 b. $53,571 c. $42,129 d. $75,000 e. None of the above. (1 00 1800 1900 d e op de me from wet n Interest rates on 6 yes Th 4.3%. If the pure expecte Secuies will be i 5.21 percent 5.00 pm 10.6 percent d. 5.34 percent bei in po The real risk-free note is 1.9. year theater. The ma vente ots: Choose the una 6. None of the above is wi d to double the Kanetrky, Inc. has a total assets lamowe 0.25. The CFO (Abigail) in she thinks that the profit marahan debt ratio to 0.30, how much des reven the company) in order to double them $0.6410 b. $1.3740 $1.0378 $1.2821 0.4%, respectively. What is the yield on 109 TOS ON'S P to's 4. $1.1447 Y Banyol