Hemingway corporation is considering expanding its operations to boost its? income, but before making a final? decision, it has asked you to calculate the corporate tax consequences of such a decision.? currently, hemingway generates? before-tax yearly income of
? $196,000
and has no debt outstanding. expanding operations would allow hemingway to increase? before-tax yearly income to
? $343,000
hemingway can use either cash reserves or debt to finance its expansion. if hemingway uses? debt, it will have a yearly interest expense of
? $68,000
create a spreadsheet to conduct a tax analysis for hemingway corporation and determine the? folowing:
a. what is? hemingway's current annual corporate tax? liability?
b. what is? hemingway's current average tax? rate?
c. if hemingway finances its expansion using cash? reserves, what will be its new corporate tax liability and average tax? rate?
d. if hemingway finances its expansion using? debt, what will be its new corporate tax liability and average tax? rate?
e. what would you recommend the firm? do? why?

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

What is the sequence of events that could lead to trade surplus

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60