What is the amount of the annual depreciation tax shield for a firm with $200,000 in net income, $75,000 in depreciation expense and a 35 percent marginal tax rate?

A) $70,000
B) $75,000
C) $43,750
D) $26,250

Ans: D) $26,250

Business

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The _____ is a standard for environmental management created by the International Organization for Standardization that allows companies to claim state-of-the-art ecological responsibility.

a) ISO 12207 b) ISO 11940 c) ISO 14001 d) ISO 13485

Business

All of the following are examples of sources of discretionary financing EXCEPT

A) common stock. B) notes payable. C) bank loans. D) trade credit.

Business