Answer:
$29,750
Step-by-step explanation:
We have been given the income before tax: $150,000
And taxable income: $65,000
So, the income tax would be : $150,000-$65,000=$85000
So, 35% of $85000 is
On simplification we get: $29,750
Hence, the income tax expense will be $29,750
Financial Operations of Corporations
1. $17,000.00
2. $52,500.00
3. return on equity ratio
4. $2.37
5. no journal entry is required
6. $1,000.00
7. depreciation
8. retained earnings
9. $25,000.00
10. income tax payable
Answer:B
21
1) 39.6474
2) 46.8741
3) 89.5382
4) 55.4417
5) 99.1744
6) 181.598
7) 8.076
8) 71.0826
11) 73.423
12) 78.573
13) 91.9519
14) 23.3715
15) 42.9531
16) 0.2386
17) 86.6819
18) 20.9584
f(x)=x-3
Hope this helps ;)
