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Author Question: Sweet 'N Cream Me Corporation had a net income before taxes of 2,058,600. Calculate the net income ... (Read 99 times)

FButt

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  • Posts: 519
on: Jun 24, 2018
Sweet 'N Cream Me Corporation had a net income before taxes of 2,058,600. Calculate the net income after taxes. Note: First find the tax liability using the Corporate Tax Rate Schedule, Exhibit 18-6 from your text.
 A) 818,476
  B) 1,358,676
  C) 556,224
  D) 763,600

Question 2

To manufacture a certain cabinet, it costs 202.48. If the desired percent markup based on cost is 15, how much should each desk sell for? (Round to the nearest cent)
 A) 333.75
  B) 232.85
  C) 217.48
  D) 168.75


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iceage

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

vickyvicksss

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  • Posts: 351
Reply 3 on: Yesterday
Excellent

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