Given the following tax structure: Salary $ 27,000 $ 45,000 Taxpayer Mae Pedro Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Complete this question by entering your answers in the tabs below. Required A Total Tax $ 2,025 777 Minimum tax Required B What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? Given the following tax structure: Taxpayer Salary Mae $ 27,000 Pedro $ 45,000 Total Tax $ 2,025 ??? < Required A Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Required A Required B Tax rate structure Complete this question by entering your answers in the tabs below. This would result in what type of tax rate structure? Required B >

Given the following tax structure: Salary $ 27,000 $ 45,000 Taxpayer Mae Pedro Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Complete this question by entering your answers in the tabs below. Required A Total Tax $ 2,025 777 Minimum tax Required B What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? Given the following tax structure: Taxpayer Salary Mae $ 27,000 Pedro $ 45,000 Total Tax $ 2,025 ??? < Required A Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Required A Required B Tax rate structure Complete this question by entering your answers in the tabs below. This would result in what type of tax rate structure? Required B >

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Apple Juice Corp plans to take up a project that will cost $150,000 of investment in Building and $80,000 in new machinery. Apple Juice Corp has already spent $8000 on research and analysis about the products that will be developed in this unit. By taking up this project, Apple Juice Corp. estimates additional cash flows of $85000 per annum for the next five years. COGS are expected to be 40% of the revenues, SG&A will be 4% of the revenues. This project will require an additional inventory of $60,000 and an increase in payables by $25000 Tax Rate is 20% The target Debt: Equity is 1:4 Cost of new debt: 6% Cost of Equity: Need to calculate using the beta of 0.9, Rf of 4%, and market risk premium of 6% The equipment that would be used has a 3-year tax life. Under the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at t = 0. The Salvage value of Building and Machinery after 5 years is $100,000. You, as a financial…
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