The income summary account, for wise tools appears below. based on the data contained in the account, determine which of the statements below is correct. income summary 12/31 beg inv. 4,000 12/31 ending inv. 9,000 12/31 expenses 51,000 12/31 revenues 45,000 multiple choice wise tools will report a $6,000 net loss for the period ending 12/31 wise tools will report net income of $6,000 for the period ending 12/31 wise tools will report net income of $1,000 for the period ending 12/31 wise tools will report a $1,000 net loss for the period ending 12/31

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?