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Title: Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $265,000 and ... Post by: shelbes1234 on Jul 23, 2018 Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $265,000 and has a tax rate of 20%. Depreciation for tax purposes exceeded book depreciation by $13,500.
What should Greene Co. record as its federal income tax liability for 2015? A) $53,000 B) $99,250 C) $50,300 D) $55,700 Title: Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $265,000 and ... Post by: jbag1237 on Jul 23, 2018 C
Explanation: ($265,000 - $13,500) 20% Title: Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $265,000 and ... Post by: shelbes1234 on Jul 23, 2018 Literally the most helpful website ever
Title: Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $265,000 and ... Post by: jbag1237 on Jul 23, 2018 :monkey:
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