Question
#6 State corporate tax = 9.6% tax bracket, Fed tax rate is 30% Revenue is 800,000, Expenses is 200,000 and depreciation is 125,000. What is
#6 State corporate tax = 9.6% tax bracket, Fed tax rate is 30% Revenue is 800,000, Expenses is 200,000 and depreciation is 125,000. What is the amount of State tax, Federal taxes, and combined incremental tax rate?
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
3rd Edition
047169195X, 978-0471691952
