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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 136 times)

FButt

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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
Great answer, keep it coming :)

Laurenleakan

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  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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