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Question 34 Not yet answered Assume that Javier Corporation has operating income of $17,500,000 and it receives $750,000 in interest income and $800,000 in dividend

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Question 34 Not yet answered Assume that Javier Corporation has operating income of $17,500,000 and it receives $750,000 in interest income and $800,000 in dividend income. Assume that the firm pays a flat 40% income tax rate. What is the firm's income tax liability? Marked out of 1.00 Select one: a. $7,300,000 P Flag question b. none of the above C. $7,396,000 d. $7,620,000

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