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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 68
A subcontractor with an effective tax rate of 25% has gross income of $55,000, other income of $4000, operating expenses of $13,000, and other deductions and exemptions of $11,000. The income tax due is closest to:
A) $11,750
B) $8,750
C) $10,750
D) $13,750
A) $11,750
B) $8,750
C) $10,750
D) $13,750
Explanation
Verified
Verified
Calculate the total ...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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