An all-equity firm reports a net profit margin of 10% on sales of $3 million. if the tax rate is 40%, what is the pretax profit

a. $100,000

b. $300,000

c. $500,000

d. $800,000

The All-Mine Corporation is deciding whether to invest in a new one-year project. The project would have to be financed by equity, the cost is $2,000, and the return will be a guaranteed $2,500 in one year.

Gianni hires Dolton to work as his driver with an annual salary of $100,000 for the rest of Dolton's life. After two years, Gianni decides to fire Dolton.

The requirements for a physical change to be considered the consequence of aging are: the decline is universal, intrinsic, progressive, irreversible and deleterious the decline is universal, intrinsic, complete, standard and irreversible the decline

A card which requires the cardholder to pay a sum of money equal to the credit limit is called a: A. debit card B. unsecured card C. blocked card D. prepaid card

Which benefit of the American Free Enterprise System is best represented by the following statement? "American consumers are kept from purchasing products that could cause them serious injury or illness.

Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking deposits, and that banks hold no excess reserves and households hold no currency. a.

Repbulic LLC exchanged land used in its business for some new land to be used in the business. Republic LLC originally purchased the land it exchanged for $37,500. The new land had a fair market value of $39,750.

Jacob chose to spend the afternoon swimming rather than going to the movies any value given up from not going to the movies is the

In a survey of consumers aged 12 and older, respondents were asked how many cell phones were in use by the household. (no two respondents were from the same household.

As a manager of a department store, you must deal with a variety of business transactions. Place the letter of each of the following transactions next to the effect it has on the accounting equation. a.