What is the firms income tax liability

Assignment Help Finance Basics
Reference no: EM13255608

ABC company had a taxable income of $196,664 from operations after all operating costs but before interest charges of $56,991, dividends received of $61,067, dividends paid of $5,000, and income taxes. What is the firm's income tax liability?

Reference no: EM13255608

Questions Cloud

Construct an example of the cycle of money : Construct an example of the cycle of money, identify all the players involved, and identify their individual benefits from participating in the cycle of money.
What are the retained earnings in 2007 : The company paid$7,842 as dividends. If the retained earnings is 2006 were $50,877, what are the retained earnings in 2007?
Determine the rotational power loss in hp : A shunt dc motor has RA = 0.1-ohm and VT = 440 V. For an output power of 16.1 hp, nm = 1,213 rpm and IA = 103 A. The field current remains constant. Find the the rotational power loss in hp.
What is the shareholders equity : Culligan, Inc., has current assets of $26,293, net fixed assets of $128,720, current liabilities of $17,380, and long-term debt of $52,242.
What is the firms income tax liability : ABC company had a taxable income of $196,664 from operations after all operating costs but before interest charges of $56,991, dividends received of $61,067, dividends paid of $5,000, and income taxes. What is the firm's income tax liability?
What are the x and y componenets of its acceleration : A small object with mass 3.20 kg moves counterclockwise with constant speed 5.50 m/s in a circle of radius 4.20 m centered at the origin. It starts at the point with position vector (4.20i hat + 0 j hat ) m. T
What is the minimal read and write bandwidth needed : Assume that your application has 600 data reads for each 4000 instructions. For the same number of instruction the application has 400 data writes. The cache used has an instruction miss rate of 0.6% and a data cache miss rate of 6%.
What is the diameter of the filament : A standard 100 W (120 V) lightbulb contains a 9.90cm -long tungsten filament. The high-temperature resistivity of tungsten, What is the diameter of the filament
History of your hometown police department : Conductan on-line search for a history of your hometown police department ( Dubai police department). If you can't find anything on-line, you can also check with your town library or call the Public Information Officer at your hometown PD

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate required external funding

Cannon Corporation has enjoyed a rapid increase in sales in recent years following a decision to sell on credit. However, the company has noticed a recent rise in its collection period.

  Interest rate sensitivity in declining order

Rank the following securities according to their interest rate sensitivity in declining order

  How should you guard against being manipulated

The heart of discounted cash flows analysis is the assumptions behind the numbers. Once the mechanics of the tool are mastered, then one needs to focus on the assumptions behind the numbers.

  Growth rates-future value-present value-amortization

Assume you borrowed $12,000 at the rate of 9% and must repay it in four equal installments at the end of each of the next four years. By how much would you reduce the amount you owe in the first year?

  Compute the value of a share

Von Bora Company is expected to pay a $3.00 dividend at the end of this year. If you expect Von Bora Company's dividend to grow by 6 percent per year forever and VBC's equity cost of capital is 12%,

  Question on time value of money

Why do we say money has time value? Why is it significant for business managers to be familiar with the time value of money concepts? Illustrate out the term Present Value.

  Computation of interest expense for the first semi-annual

Computation of interest expense for the first semi-annual interest period under SLM on bonds issued

  Determine the implication on earnings and cash flow

The meeting at Superior Living Corporation with the analyst went well. However, you wish to crunch the numbers yourself to ensure accuracy.

  Discuss on anon don or continue of the project using npv

Discuss on anon don or continue of the project using NPV analysis and What is the NPV of the option to continue

  Objective type question on bond yield and valuation

Objective type Question on Bond yield and Valuation and If the risk-free rate rises by 0.5% but the market risk premium declines by that same amount

  Multinational firms and capm

What is the capital asset pricing model? What is the basic message of the CAPM?

  Evalutate capital structure of clorox company

This problem asks you to measure the capital structure policies of The Clorox Company as of fiscal year-end 2007. Your aim will be to decide whether Clorox's use of debt financing is proper or whether, given the company's circumstances, it may pru..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd