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6 ABC had $109000.00 in 20XX taxable income. Use the tax rates from the table below and compute the company's 20XX income tax. (Do NOT
6
ABC had $109000.00 in 20XX taxable income. Use the tax rates from the table below and compute the company's 20XX income tax. (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10) XYZ has a current accounts receivable balance of $309953. Credit sales for the year just ended were $4141013. How long did it take on average for credit customers to pay off their accounts the past year? Assume 365 days in a year. (Round your answer to 2 decimal places, e.g. 23.87)Step by Step Solution
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