Business
Business, 02.07.2020 06:01, savannahvargas512

Last year, your company had sales of $3.6 million, cost of goods sold of $2.3 million and operating expenses amounting to $840,000. The firm had $114,000 in depreciation expense. In addition, the firm paid 8% interest on $625,000 in bonds, received $30,000 in dividend income, and sold property for a $10,000 capital loss. What was the firm's tax payment

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Last year, your company had sales of $3.6 million, cost of goods sold of $2.3 million and operating...

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