If Julius Has a 30% Tax Rate and a 10

question 91

Multiple Choice

If Julius has a 30% tax rate and a 10% after-tax rate of return, a $40,000 tax deduction in two years will save how much tax in today's dollars? (round present and future value amounts to 3 places)

• A) $40,000.
• B) $9,912.
• C) $33,040.
• D) $12,000.
• E) None of these.

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Definitions:

Cynical Listening

A type of listening where the listener doubts or questions the sincerity or validity of the speaker's messages.

Grapevine

An informal communication network within an organization, spreading information through personal contacts and conversations.

Informal Communication

A form of communication that is not formal or structured, including casual conversations, gossip, and social interactions within an organization.

Public Relations Crisis

A public relations crisis is a situation that could cause public outrage or dissatisfaction, significantly affecting an organization's reputation.