How does the tax benefit rule apply in the following cases? a. in 2017, the orange furniture store, an accrual method sole proprietorship, sold furniture on credit for $1,000 to sammy. the cost of the furniture was $600. in 2018, orange took a bad debt deduction for the $1,000. in 2019, sammy inherited some money and paid orange the $1,000 he owed. orange’s owner was in the 35% marginal tax bracket in 2017, the 12% marginal tax bracket in 2018, and the 35% marginal tax bracket in 2019.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?