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During fiscal year 2012, Dioubate Cie earned $10,000 of interest revenue on an investment in a tax-free municipal bond. Which of the following items would
During fiscal year 2012, Dioubate Cie earned $10,000 of interest revenue on an investment in a tax-free municipal bond.
Which of the following items would be increased by the municipal bond revenue? (check all that apply)
Net Income
Interest Revenue
Effective Tax Rate
Statutory Tax Rate
Deferred Tax Assets
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