Kinsey Ltd. reported income taxes of 360,000,000 on its 2017 income statement, income taxes payable of 277,000,000

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Kinsey Ltd. reported income taxes of £360,000,000 on its 2017 income statement, income taxes payable of £277,000,000 at December 31, 2016, and £525,000,000 at December 31, 2017. What amount of cash payments were made for income taxes during 2017?

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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 07, 2017 11:29 AM

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Kinsey Ltd. reported income taxes of 360,000,000 on its 2017 income statement, income taxes payable of 277,000,000

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Financial Accounting

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