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Billy's Exterminators, Inc, has soles of $607,000, costs of $314,000, depreciation expense of $66,000, interest expense of $43,000, and a tax rate of 35 percent.
Billy's Exterminators, Inc, has soles of $607,000, costs of $314,000, depreciation expense of $66,000, interest expense of $43,000, and a tax rate of 35 percent. Please compute the net income. The Dyrdek Co. had $80,000 in 2014 taxable income. Use the following tak rates to calculate the company's 2014 income taxes, (Don't insent the dollar sign. Just enter the number and use the comma to denote thousands.) -$0-50,00075,000-75,000100,000-100,000335,000-335,00010,000,000-10,000,00015,000,000-15,000,00018,333,333-18,333,333$50,00025%34%39%34%35%38%35%15%
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