Worldwide Rugs is a rug importer located in the United States that resells its import products to local retailers. Last year Worldwide Rugs imported $2.5 million worth of rugs from around the world, all of which were paid for prior to shipping. On receipt of the rugs, the importer immediately resold them to local retailers for $3 million. To allow its retail clients time to resell the rugs, Worldwide Rugs sells to retailers on credit. Prior to the end of its business year. Worldwide Rugs collected 85% of its outstanding accounts receivable. What is the financial cash flow that Worldwide Rugs generated for the year?

-1 Corporate taxes During the 2013 financial year, Stacey Stationeries reported tax- able earnings of $78,000. Use Table 2.1 to answer the following questions: a. How much tax should Stacey Stationeries have paid for the 2013 financial year? b. Calculate Stacey Stationeries' average tax rate for the 2013 financial year. c. What is Stacey Stationeries' marginal tax rate for the 2013 financial year: d. If Stacey Stationeries is a small company, how much profit will Sraces have available to distribute to its few stockholders according to the 2013 income statement? -1 Corporate taxes During the 2013 financial year, Stacey Stationeries reported tax- able earnings of $78,000. Use Table 2.1 to answer the following questions: a. How much tax should Stacey Stationeries have paid for the 2013 financial year? b. Calculate Stacey Stationeries' average tax rate for the 2013 financial year. c. What is Stacey Stationeries' marginal tax rate for the 2013 financial year: d. If Stacey Stationeries is a small company, how much profit will Sraces have available to distribute to its few stockholders according to the 2013 income statement