Voluntary compliance with tax law means

Assignment Help Financial Management
Reference no: EM131074654

Voluntary compliance with a tax law means that:

A.Tax payers pay whatever amount they voluntrily choose to pay.

B. taxpayers pay the amount they are billed by the government.

C. taxpayer pay the tax they owe without direct enforcement action against them.

D. None of the above.

Reference no: EM131074654

Questions Cloud

What is your incremental cash flow from selling the machine : You purchased a machine for $1.1 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 38%. If you sell the machine today (after three years of depreciation) for $700,000, what is yo..
What is formula for total costs of particular service-system : What is the formula for total costs of a particular service or system? Relate this formula to the management of medical systems, providing at least two specific examples of applications. Your response should be at least 200 words in length.
Constitue property tax relief measure : Which of the following does not constitue a property tax relief measure?
Compute the specified quantity : You are expecting a tax refund of $5,000 in 4 weeks. A tax preparer offers you an "interest-free" loan of $5,000 for a fee of $50 to be repaid by your refund check when it arrives in 4 weeks. Thinking of the fee as interest, what simple interest rate..
Voluntary compliance with tax law means : Voluntary compliance with a tax law means that:
Equal annual payments at annual compound rate : Growth Fertilizer purchases a gravity settling tank by borrowing the $50,000 purchase price. The loan is to be repaid with four equal annual payments at an annual compound rate of 15%. It is anticipated that the tank will be used for 9 years and then..
What must be investors expectation of the price of the stock : A share of stock with a beta of .81 now sells for $56. Investors expect the stock to pay a year-end dividend of $4. The T-bill rate is 4%, and the market risk premium is 7%. If the stock is perceived to be fairly priced today, what must be investors’..
The principles of subsidiary and correspondence : The principles of subsidiary and correspondence are used to:
Three hundred shares of stock are purchased on margin : Three hundred shares of stock are purchased on margin at a price of $42 per share plus $150 in brokerage commissions at a time when the margin requirement is 50 percent. How much additional cash would you need to deposit with your broker if the price..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the net present value of this investment

ESPN currently pays the NFL $1.1 billion per year for eight years for the right to exclusively televise Monday Night Football. What is the net present value of this investment if the parent Disney Company has an opportunity interest rate equal to its..

  Invest in a portfolio containing stock

You have $130,000 to invest in a portfolio containing Stock X, Stock Y, and a risk-free asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of 14 percent and that has only 77 percent of the risk of..

  Calculate your total percentage return

You purchase 1,000 shares of Spears Grinders, Inc. stock for $45 per share. A year later, the stock pays a dividend of $1.25 per share, and it sells for $49. Calculate your total dollar return. Calculate your total percentage return.

  Electronic transfer of funds reduces the float

All of this electronic transfer of funds reduces the float, so what issues might that make for the manager who is managing cash, and what new problems do you have to be on guard for?

  Calculate marginal cost of capital

Calculate Ulwind’s MCC (marginal cost of capital) assuming that (1) it wants to maintain its current capital structure and (2) it will have to issue new shares of both preferred and common stock

  Should the fi buy put or call options to hedge

Should the analysts be worried about the dollar depreciating or appreciating and if the FI decides to hedge using options, should the FI buy put or call options to hedge the CD payment? Why

  Differentiate between primary and secondary markets.

Describe the role of the financial institutions and financial markets in our economy

  What is the value per share of your firms stock

Assume the average firm in your company's industry is expected to grow at a constant rate of 4% and that its dividend yield is 6%. Companies is about as risky as average firm in their industry, but have successfully expect to receive earnings and div..

  Convert the borrowed ugandan shillings to target currency

On Monday, you borrow your funding currency (the Ugandan Shilling) at the Ugandan borrowing rate, convert the borrowed Ugandan Shillings to the target currency (the US Dollar) and invest it at the US lending rate until Friday.

  Payment plus the value of his reinvestment account per bond

John Smith's broker has shown him two bonds. Each has a maturity of 4 years, a par value of $1,000, and a yield to maturity of 13%. Bond A has a coupon interest rate of 7% paid annually. Bond B has a coupon interest rate of 15% paid annually. John ha..

  Compute the future value

For each of the following, compute the future value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): Present Value Years Interest Rate Future Value..

  Required investment-considering an expansion

Truman Industries is considering an expansion. The necessary equipment would be purchased for $10 million, and the expansion would require an additional $1 million investment in net operating working capital. The tax rate is 40%.

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