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When a company's interest payment Blank______, the company's tax bill Blank______.
stays the same; increases
decreases; decreases
increases; decreases
increases; increases
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- Which of the following statements is/are true? O In the case of flat-rate write-offs on receivables, the sales tax must also be corrected. All deposits are income effective. O If a company's profit is to be reported as high, administrative costs are taken into account when determining the production costs. O Compared to straight-line depreciation, declining-balance depreciation means that profits tend to be higher in the future.3. Dividends are considered doubled taxed, first to the company,second to the shareholders. T/F 4. Annuities can help a firm plan for the retirement payouts of theiremployees. T/FWhy do companies accelerate depreciation on their tax return but often use slower depreciation rates on their financial statements? a. to avoid taxes b. to postpone taxes c. to improve earnings d. to improve long term cashflow
- Deli Llama operates in a state with a sales tax. What will be the effect if it records a cash sale to a customer? (Select all that apply.) Liabilities will decrease. Assets will decrease. Liabilities will increase. Stockholders' equity will decrease. Stockholders' equity will increase. Assets will increase.A company’s ability to earn more on borrowed money than the associated interest cost so that net income increases is called: A. Interest B. A debenture C. Financial leverage D. CovenantsAs a company, to minimize the present worth of taxes paid to the federal government, use longest MACRS recovery period. true or false?
- Please answer fast please help arjentWhich statement is NOT true about the structure of the Earned Income Tax Credit (EITC)? A. EITC payments decrease as earnings increase, but everyone qualifies for some amount. B. At a particular range of income, government reduces EITC payments based on a certain fixed percent of income earned. C. EITC pays a fixed amount at a range of income. D. Up to a threshold, EITC pays a certain fixed percent of wage earned.under which scenario EVA will be increased optons are decrease in the captital employed decresae in earnings increase in capital employed increase in tax rate