Limmox Company has conformity between its taxable income and income before taxes. Limmox Companys net income after

Question:

Limmox Company has conformity between its taxable income and income before taxes. Limmox Company’s net income after taxes is $ 195,000 and its tax rate is 35%. What is its taxes payable?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

Question Posted: