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Wal-Mart Calculatetheincometaxrateforyourchosencompany.Whateffectwillan increaseinincome of$2,000,000haveonyourcompany What are the effects on the balance sheet and income statement? Justify your response.

Wal-Mart

  1. Calculatetheincometaxrateforyourchosencompany.Whateffectwillanincreaseinincomeof$2,000,000haveonyourcompany
  2. What are theeffectson the balance sheet and income statement? Justify your response.

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