3.2 A company has pre-tax or operating income of $120,000. If the tax rate is 40%, what...
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3.2 A company has pre-tax or operating income of $120,000. If the tax rate is 40%, what is the company’s after-tax income?
A. $300,000 B. $240,000 C. $48,000 D. $72,000
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Related Book For 
Principles Of Accounting Managerial Accounting Volume 2
ISBN: 9781947172609
1st Edition
Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper
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