Barry and his wife mary have accumulated over $6 million during their 52 years of marriage. they have twelve children and fourteen grandchildren. how much money can barry and mary gift to their children in 2019 without any gift tax liability

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?