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elena55 [62]
3 years ago
5

Mel Company has a net income, before taxes, of $95,000. The treasurer of the company estimates 45 percent of net income will hav

e to be paid for federal and state taxes. The tax for both federal and state is: ...?
Mathematics
1 answer:
sergij07 [2.7K]3 years ago
6 0
Net income before taxes $95,000

Tax for federal and state: 45% * $ 95,000 = 42,750

 
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