The state in which q company operates imposes a 5.0% corporate tax rate. Zyn annual revenue is
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The state in which q company operates imposes a 5.0% corporate tax rate. Zyn annual revenue is $2,980,000 last year. The corporation expenses were 1,600,000$ and they claimed 420,000$ in depreciation expenses. Calculate its after-tax (includes state and federal) income.
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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