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. During 2020, Sweet Co's first year of operations, the company reports pretax financial income at $274,600. Sweet's enacted tax rate is 459% for 2020

. During 2020, Sweet Co's first year of operations, the company reports pretax financial income at $274,600. Sweet's enacted tax rate is 459% for 2020 and 20% for all later years. Sweet expects to h...

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