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ola ola
wrote...
Posts: 231
5 years ago
KAR has a tax loss of $563,000 and a tax rate of 44%. What is the potential benefit of the tax
loss?
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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wrote...
5 years ago
Potential tax benefit = $563,000x44%=$247,720
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