An accountant for a corporation forgot to pay the firm's income tax of $725,714.93 on time....
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An accountant for a corporation forgot to pay the firm's income tax of $725,714.93 on time. The government charged a penalty of 9.3% interest for the 39 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year. The total amount paid was $ (Round to the nearest cent as needed.) An accountant for a corporation forgot to pay the firm's income tax of $725,714.93 on time. The government charged a penalty of 9.3% interest for the 39 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year. The total amount paid was $ (Round to the nearest cent as needed.)
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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