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MC Qu. 21 Waldman Corporation reported pretax... Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only
MC Qu. 21 Waldman Corporation reported pretax... Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60,000. Assuming a tax rate of 25%, the income statement should report net income of: Multiple Choice $15,000 $25,000 $45,000 $85,000
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