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Maxwell co. income statement show operating income of 416 million, net income of 256 million, provision for income taxes of 72 million, and net non
Maxwell co. income statement show operating income of 416 million, net income of 256 million, provision for income taxes of 72 million, and net non operating expense before tax of 88 million. Assumr Maxwell statutory tax rate is 25%. maxwells tax on operating profit for the year is: a) 104 million b) 64 million c) 72 million d) 94 million
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