Use the Information for the Question(s)below

question 1

Multiple Choice

Use the information for the question(s) below.
Ford Motor Company is considering launching a new line of Plug-in Electric SUVs.The heavy advertising expenses associated with the new SUV launch would generate operating losses of $35 million next year.Without the new SUV,Ford expects to earn pre-tax income of $80 million from operations next year.Ford pays a 21% tax rate on its pre-tax income.
-The amount that Ford Motor Company will owe in taxes next year without the launch of the new SUV is closest to:

• A)$16.8 million.
• B)$56.0 million.
• C)$31.5 million.
• D)$9.45 million.

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Definitions:

Short

Having a small distance from one end to the other, not long.

Wide

Encompassing a large extent or breadth; not narrow.

Sarcomeres

The basic structural and functional unit of a muscle fiber, responsible for muscle contraction.

T-tubules

Extensions of the cell membrane that penetrate into the centre of skeletal and cardiac muscle cells, facilitating the transmission of electrical impulses.