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SOLVED: 'A company has Taxable Income of 70,000 and Pre-tax Income of80,000 during fiscal year 2012. The statutory tax rate is 35.0% and the effective tax rate is 30%What is Income Tax Payable for 20127524,500528,00010,000524,000521,000'

SOLVED: 'A company has Taxable Income of 70,000 and Pre-tax Inco…

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