Saint leo mgt325 exam 1 latest 2016
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Question
1) Which of the following is the best measure of profit maximization goal?
A. risk of the investment
B. timing of the returns
C. retained earnings
D. earnings per share
2) The tax liability of a corporation with ordinary income of $105,000 is? ________.
Range of taxable income Marginal rate
 $ 0 to $ 50,000 ?15%
50,000 to 75,000 25
75,000 to 100,000 34
100,000 to 335,000 39
335,000 to 10,000,000 34
10,000,000 to 15,000,000 35
A. $24,200
B. $23,950
C. $42,000
D. $35,700
3) The Sarbanes...
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Question
1) Which of the following is the best measure of profit maximization goal?
A. risk of the investment
B. timing of the returns
C. retained earnings
D. earnings per share
2) The tax liability of a corporation with ordinary income of $105,000 is? ________.
Range of taxable income Marginal rate
 $ 0 to $ 50,000 ?15%
50,000 to 75,000 25
75,000 to 100,000 34
100,000 to 335,000 39
335,000 to 10,000,000 34
10,000,000 to 15,000,000 35
A. $24,200
B. $23,950
C. $42,000
D. $35,700
3) The Sarbanes...