The Anberlin Co. had $255,000 in 2011 taxable income. Using the rates from Table 2.3 in the
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The Anberlin Co. had $255,000 in 2011 taxable income. Using the rates from Table 2.3 in the chapter, calculate the company’s 2011 incometaxes.
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TABLE 2.3 Taxable Income Tax Rate Corporate Tax Rates 0- 50,000 50,001-75,000 75,001- 100,000 100,001335,000 335,001- 10,000,000 10,000,001-15,000,000 15,000,001-18,333,333 15% 25 34 39 34 35 38 35 18,333,334+
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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