1. What is the Graham technique – regarding working capital and liabilities?
2. How does the DuPont formula works and how ROA and ROE can be dissected, and what it tells us.
3. Zenith Corporation, a calendar year taxpayer, has alternative minimum taxable income (before the exemption amount) of $750,000 in 2016. Zenith Corporation’s tentative minimum tax for 2016 is… (Please show your detail calculations).
a. $92,000.
b. $100,000.
c. $136,500.
d. $150,000.
e. None of the above.