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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 14 times)

Tirant22

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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


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harveenkau8139

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Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

A


Tirant22

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Reply #2 on: Jul 11, 2018
Thank you


harveenkau8139

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Reply #3 on: Jul 11, 2018
No problemo


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