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Author Question: Net income available to shareholders excludes which of the following? (Read 28 times)

Aimless0988

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on: Aug 7, 2023

Question 1

Mr. X lives in Saskatchewan. In 2021, he had employment income of $90,000 and income from capital gains of $18,000. What is his total tax liability? The applicable tax tables are as follows:

​

Federal Rate

Tax Bracket

Provincial Rate

Tax Bracket

​

Fed. 15%

$0 – $49,020

Sask. 10.5%

$0 – $33,723

​

Fed. 20.5%

$49,021 – $98,040

Sask. 12.5%

$33,724 – $72,885

​

Fed. 26%

$98,041 – $151,978

Sask. 14.5%

Over $72,885


◦

$29,552


◦

$29,875


◦

$31,249


◦

$32,774



Question 2

Net income available to shareholders excludes which of the following?

◦

gains or losses on foreign exchange


◦

investment income


◦

common share dividends


◦

sales revenue

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by Aimless0988 on Aug 7, 2023

jacquelyngibson

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Aimless0988

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

Jossy

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Reply 3 on: Yesterday
Excellent

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