This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Rogue Corp. has sales of 4,250,000; the firm's cost of goods sold is 2,500,000; and its total ... (Read 32 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
on: Jul 11, 2018
Rogue Corp. has sales of 4,250,000; the firm's cost of goods sold is 2,500,000; and its total
  operating expenses are 600,000. The firm's interest expense is 250,000, and the corporate tax rate
  is 40. What is Rogue's tax liability?
 
  A) 600,000 B) 360,000 C) 260,000 D) 258,000

Question 2

You have contracted to buy a house for 250,000, paying 30,000 down and taking out a fully
  amortizing loan for the balance, at a 5.7 annual rate for 30 years.
 
  What will your monthly
  payment be if they make equal monthly installments over the next 30 years (to the nearest dollar)?
  A) 1,277 B) 1,189 C) 1,035 D) 1,123


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

A


Tirant22

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jul 11, 2018
Thank you


harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jul 11, 2018
No problemo


« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library