Texas Manufacturing had a net income before taxes of 2,934,400. ...

[penguins]

Texas Manufacturing had a net income before taxes of 2,934,400. Find the tax liability using the Corporate Tax Rate Schedule, Exhibit 18-6 from your text.
 A) 609,796
  B) 997,696
  C) 635,000
  D) 144,704

Question 2

Operating expenses are known as overhead expenses.
  Indicate whether the statement is true or false

[tkempin]

Answer to Question 1

B

Answer to Question 2

TRUE

[penguins]

Thanks for the timely response, appreciate it

[rleezy04]

TYSM