In each of the following cases, determine if the United States has jurisdiction to tax Mr. Tompkin. Required: a. Mr. Tompkin is a U. S. citizen but has been a permanent resident of Belgium since 1993. multiple choice 1 U. S. has jurisdiction U. S. does not have jurisdiction b. Mr. Tompkin is a citizen and resident of Canada. He owns an apartment building in Buffalo, New York, that generates $18,000 annual net rental income. multiple choice 2 U. S. has jurisdiction U. S. does not have jurisdiction c. Mr. Tompkin is a citizen of Singapore but is a permanent resident of St. Louis, Missouri. multiple choice 3 U. S. has jurisdiction U. S. does not have jurisdiction d. Mr. Tompkin, a citizen and resident of Greece, is a partner in Sophic Partnership, which conducts business in 12 countries, including the United States. multiple choice 4 U. S. has jurisdiction U. S. does not have jurisdiction

Suzanna decided not to pay federal income tax, saying that paying federal income tax is optional. describe two possible consequences of suzanna’s decision

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.