Bacon Signs Inc. is based in a country with a territorial approach to taxation but generates 100% of its income in a country with a worldwide approach to taxation
The tax rate in the country of incorporation is 25%, and the tax rate in the country where they earn their income is 50%. In theory, and barring any special provisions in the tax codes of either country, Bacon should pay taxes at a rate of ______ in the country of incorporation.
A) 75%.
B) 62.5%.
C) 0%.
D) 50%.
Answer: C
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According to equity theory, how might employees respond if they feel their rewards are inadequate?
A. They may change the object of comparison. B. They may leave the situation. C. They may try to change the outputs D. All of the above.
Shawn, Mike, and Dave are brothers who have a $100,000 "first to die" joint life policy covering all three of their lives. If Mike dies first, the policy proceeds
A) will no longer provide insurance protection B) will go to Mike's estate C) will be divided by probate D) will not be paid until the last brother dies