Assume that Javier Corporation has operating income of $17,500,000 and it receives $750,000 in interest income and $800,000 in dividend income. Assume that the firm pays a flat 40% income tax rate. What is the firm's income tax liability?
c. none of the above
19) If the total cash flows = 22,000 and the cash flow at the end of the period = 200,000 then the cash flow at the beginning of the period equals :-
c. None of the above