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How to do this 72) Tar Heel Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by
How to do this 72) Tar Heel Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by $100.000. In addition, tax depreciation exceeded book depreciation by $200,000. Finally, TarHeel subtracted a dividends received deduction of $30.000 in.computing its current-year taxable income. Tar Heel's accounting effective tax rate is: A) 21 percent. B) 19.95 percent. Tax rate taxes pooyable C) 18.9 percent D) 17.85 percent. Taxate Income Shocerrot.000 loan ... war the (current) Petax book income
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