In 2015, hd had reported a deferred tax asset of $98 million with no valuation allowance. at december 31, 2016, the account balances of hd services showed a deferred tax asset of $130 million before assessing the need for a valuation allowance and income taxes payable of $84 million. hd determined that it was more likely than not that 30% of the deferred tax asset ultimately would not be realized. hd made no estimated tax payments during 2016. what amount should hd report as income tax expense in its 2016 income statement? (round your calculations to the nearest whole million.)

$52 million

$84 million

$91 million

$123 million

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?