Slide 1Module 11 Corporate Tax Calculations Slide 2 Corporate vs Individual Taxation Key Learning Objectives n n Similarity of (taxable) income n n Differences in income…

Slide 1 Debt and Taxes Chapter 15 1 In Perfect Markets Capital Structure is irrelevant Risks of debt and equity (beta’s) are affected by leverage EPS risk changes with…

Slide 1 Capital Structure with Taxes Chapter 15 1 Cost of debt back Income Statement Back 46 Southwest Capital Structure Equity E = $6.42B Debt D = $3.75B V = $10.17 Debt-to-Value…

Income Tax Fundamentals 2010 Gerald E. Whittenburg & Martha Altus-Buller 2010 Cengage Learning 2010 Cengage Learning Corporate rates are progressive Marginal rates are…

Module 11 Corporate Tax Calculations Corporate vs Individual Taxation Key Learning Objectives Similarity of (taxable) income Differences in income and deductions Corporate…