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Daisy CoHas $267,000 in Taxable Income and Binget Co

Question 103

Multiple Choice

Daisy Co.has $267,000 in taxable income and Binget Co.has $1,600,000 in taxable income.Suppose both firms have identified a new project that will increase taxable income by $10,000.The additional project will increase Able Co.'s taxes by _____ and Bravo Co.'s taxes by ____. Daisy Co.has $267,000 in taxable income and Binget Co.has $1,600,000 in taxable income.Suppose both firms have identified a new project that will increase taxable income by $10,000.The additional project will increase Able Co.'s taxes by _____ and Bravo Co.'s taxes by ____.   A) $1,500; $1,500 B) $3,400; $3,400 C) $3,400; $3,700 D) $3,500; $3,700 E) $3,700; $3,700


A) $1,500; $1,500
B) $3,400; $3,400
C) $3,400; $3,700
D) $3,500; $3,700
E) $3,700; $3,700

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