Answer Happy

28- The tax rate for 0-$50.000 gap of income is 15%, for $50.001 - $75.000 is 25% and for $75001- $100.000 is 34% Theresa has a taxable income of 823485 What is her tax bill ? 28 - Tirana store has sales of $79600. The cost of goods sold (COGS) is $48200 and other costs are $18700 Depreciation is $8300 and taxrate is 35%. What is the net income ? = 30 - Mario's Winery has net working capital of $23800 net fixed assets of $64800, current liabilities of 334700 and long term debt of $23000. What is the value of the owner's equity
a w 31. The primary goal of financial management is to ? - Common-size balance sheet compute 32- Which of the following statements is true? Gall accounts as a % as a % of the sales 2- The lower the inventory turnover, the longer it takes a firm to use it's inventory 3- The market where first time seaurity issues are offered for sale is called the secondary market 4. A high current ratio shows a bad position of a company in terms of short 5- Gapenses changed against revenues that directly affect cash flow are called non-cash items. term solvency
33. Which of the following statements is false ? - Expenses charged against revenues that do not affect cash flow are called non-cash items 2-Common-size balance sheets compute all accounts as a % of the sales. 3- A carrent ratio less than 1, shows, that the company is not solvent in the short 4-The lower the inventory turnover, G the longer it takes a firms to use it's inventory 5- A firm that is actually financed by owner's equity will have a ROA run. equal to Roe