Ms. Paltrow structures a transaction to legally shift income from her sole proprietorship to her son's business. Which of the following terms best identifies the tax planning variable that she is likely utilizing?

1. Jurisdiction variable
2. Entity variable
3. Time period variable
5. Character variable

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396