Mathematics
Mathematics, 22.07.2019 08:40, summer5716

Elgin battery manufacturers had sales of $1,000,000 in 2015 and their cost of goods sold is $700,000. selling and administrative expenses were $100,000. depreciation expense was $80,000 and interest expense for the year was $10,000. the firm's tax rate is 30 percent. what is the dollar amount of taxes paid in 2015?

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Elgin battery manufacturers had sales of $1,000,000 in 2015 and their cost of goods sold is $700,000...

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