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LearnCo Budgeted Income Statement I don't know why this is wrong... the income tax rate is 40% and I verified the income before income tax
LearnCo Budgeted Income Statement
I don't know why this is wrong... the income tax rate is 40% and I verified the income before income tax is 126,787 x 40% = 50,714.80
What's wrong here?
Budgeted Income Statement Data Table \begin{tabular}{lr} \hline Interest revenue for the year & $2,000 \\ Interest expense for the year & $1,500 \\ LearnCo's income tax rate & 40% \end{tabular} LearnCo Score: 47/52 Budgeted Income Statement For the Year Ending December 31, 20Y2 Points: 11.75/13Step by Step Solution
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