Question
Westwood specialties had in increase in taxable income of $5,000,000 this year. Their increase in taxes was exactly $1,720,000. A.) What was their taxable income
Westwood specialties had in increase in taxable income of $5,000,000 this year. Their increase in taxes was exactly $1,720,000.
A.) What was their taxable income last year?
B.) What was their total income tax this year?
The answer are:
A.) $7,325,000.00
B.) $4,210,000.00
I cannot figure out how to solve this problem, please give a detailed explanation. Thanks in advance!
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
6th Edition
1118988493, 978-1118988497
