Question
The XYZ Corporation had sales this last year of $4 million. Its COGS was $2.2 million and operating expenses were $400,000. Interest expense totaled $260,000
The XYZ Corporation had sales this last year of $4 million. Its COGS was $2.2 million and operating expenses were $400,000. Interest expense totaled $260,000 and the company paid out $40,000 in stock dividends. Its tax rate is 35%. How much in taxes did the company pay?
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
