F$1210$: Chapter $18+19$ Homework

Given the tax brackets in Chapter $18,$ and the information below, what is the corporation's federal income tax owed?

a$.$ Taxable income of $$5,000$ :

b$.$ Taxable income of $$350,000$ :

c$.$ Taxable Income of $$1,500,000$;

d$.$ Taxable Income of $$35,000,000$ :

A firm has a product price of $$4\mathrm{.}5,$ Fixed Cost of $$7000,$ and a per$-$unit cost of $$2\mathrm{.}00.$

a$.$ What is the breakeven level of output:

b$.$ What is the level of profits if sales are $10,000$ units:

c$.$ What is the new breakeven level of output if fixed costs are raised to $$9,000$ and per$-$unit costs are reduced to $$1\mathrm{.}50$ per unit:

Four investments cost $$5,000$ each and have the following cash flows. Rank them on the basis of their payback periods

Rank fastest payback to slowest payback by letter in blue boxes.

$\backslash$table$[[$Year$,$A$,$B$,$C$,$D$],[1,$$$2,000,$$$2,500,$$$500,$$$1,500$