Pneumatics, a start-up firm of four persons, had an increase in taxable income of $20,000 this year.
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Pneumatics, a start-up firm of four persons, had an increase in taxable income of $20,000 this year. Their increase in taxes was exactly $6,350.
a. What was their taxable income last year?
b. What was their total income tax this year?
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Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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