Acompany wants to set up a new office in a country where the corporate tax rate is as follows:
15% of first $50,000 profits, 25% of next $25,000, 34% of next $25,000, and 39% of everything over $100,000.

executives estimate that they will have gross revenues of $500,00, total costs of $300,000, $30,000 in allowable tax deductions, and a one time business start-up credit of $8,000.

what is taxable income for the first year, and how much should the company expect to pay in taxes?

When a government sees that local industry is threatened by imports, it can threaten to erect import barriers to stop or reduce these imports. this is an example of a driver of international business activity?

Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)