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The annual income statement of Baylor Company shows the following items: Sales: $200,000 Total expenses (excluding depreciation): $140,000 Depreciation: $35,000 Average income tax rate: 40%
The annual income statement of Baylor Company shows the following items:
Sales: $200,000
Total expenses (excluding depreciation): $140,000
Depreciation: $35,000
Average income tax rate: 40%
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Managerial Accounting
Authors: Carl S. Warren, William B. Tayler
16th Edition
0357715225, 9780357715222
