JMR has a tax loss of $970,000 and a tax rate of 38%. What is the potential benefit of the tax

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JMR has a tax loss of $970,000 and a tax rate of 38%. What is the potential benefit of the tax

JMR has a tax loss of $970,000 and a tax rate of 38%. What is the potential benefit of the tax
loss?

Textbook

Intermediate Accounting, Volume 2

Edition: 5^th

Authors: Beechy, Conrod, Farrell

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