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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
12-24Â Â Â For a firm facing a marginal income tax rate of 34 percent, what is the after-tax cash-flow effect of:
(a) a $1,000 increase in contribution margin during the year, and (b) a $500 increase in cash operat- ing expenses?
12-25Â Â Â What is the present value of $1,000 to be received two years from now, if the discount rate is:
(a)Â Â Â Â Â 10 percent, (b) 14 percent, and (c) 20 percent? Use both the appropriate table in the text (Appen- dix C, Table 1) and the appropriate function in Excel to answer these questions.
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