The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): Pretax accounting income: $280 Pretax accounting income included: Overweight fines (not deductible for tax purposes) 10 Depreciation expense 69 Depreciation in the tax return using MACRS: 102
The applicable tax rate is 33%. There are no other temporary or permanent differences. Franklin's taxable income ($ in millions) is:.
a. $102.
b. $33.
c. $247.
d. $257.

Which of the following is the least risky? collectables stock savings bond savings account

Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e.g. 12.25.)

Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.