The marginal tax rate is the rate of tax that will be paid on the next dollar of income or the rate of tax that will be saved by the next dollar of deduction。（)

A.$3,250

B.$3,400

C.$3,800

D.$3,950

E.$5,000

eld of 5.40%. The tax-equivalent yield of the bond isclosest to:

A. 8.31%.

B. 3.51%.

C. 6.94%.

A.$0

B.$25

C.$50

D.$75

E.$110

A.Collectibles loss 28%

B.Short-term gain 28%

C.Long-term gain 15%

D.Long-term loss 15%

E.Collectibles gain 32%

when it:

A.wishes to show a higher cash flow from operations.

B.desires a lower debt-to-equity ratio.

C.has a low marginal tax rate.

ke to reinvest a $10,000, 6%, certificate of deposit in a tax-exempt bond.What is the minimum rate of interest Norma would have to receive to make the tax exempt-bond a more profitable investment？()

A、4.10%

B、6.00%

C、8.40%

D、9.00%

e methane gas. If the marginal external cost is $100 per hog and the government imposes a tax of $200 per hog, then at the equilibrium price and quantity of hogs:

A．toofewhogswillberaiseD

B．thepricewillbelessthanthemarginalsocialcost．

C．thepricewillbelessthanthemarginalsocialbenefit．

D．thepricewillbelessthanthemarginalcosttohogfarmers．

reporting information:

·Deferred tax asset of $1,000.

·Deferred tax liability of $5,000.

Based only on this information and the news that the tax rate will decline to 40%, Bao Corporation’s:

A.deferred tax asset will be reduced by $400 and deferred tax liability will be reduced by $2,000.

B.deferred tax liability will be reduced by $1,000 and income tax expense will be reduced by $800.

C.deferred tax asset will be reduced by $200 and income tax expense will be reduced by $1,000.

hich is 100 basis points less than the yield on a 10-year option-free U.S. Treasury. If the investor’s marginal tax rate is 33.5%, then taxable equivalent yield and the yield ratio is closest to:

Taxable equivalent yield Yield ratio

A. 7.14 0.79

B. 5.64 0.79.

C. 5.64 1.19.