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Able CoHas $218,000 in Taxable Income and Bravo Co

Question 102

Multiple Choice

Able Co.has $218,000 in taxable income and Bravo Co.has $5,600,000 in taxable income.Suppose both firms have identified a new project that will increase taxable income by $12,000.The additional project will increase Able Co.'s taxes by _____ and Bravo Co.'s taxes by ____. Able Co.has $218,000 in taxable income and Bravo Co.has $5,600,000 in taxable income.Suppose both firms have identified a new project that will increase taxable income by $12,000.The additional project will increase Able Co.'s taxes by _____ and Bravo Co.'s taxes by ____.   A) $1,800; $1,800 B) $4,080; $4,080 C) $4,080; $4,680 D) $4,680; $4,080 E) $4,680; $4,680


A) $1,800; $1,800
B) $4,080; $4,080
C) $4,080; $4,680
D) $4,680; $4,080
E) $4,680; $4,680

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