brucemartineau2260 brucemartineau2260
  • 01-07-2021
  • Business
contestada

The applicable tax rate is 25%. There are no other temporary or permanent differences. Franklin's taxable income ($ in millions) is:

Respuesta :

Parrain
Parrain Parrain
  • 03-07-2021

Answer: $160

Explanation:

Taxable income = Pretax income + (Non deductible expenses) - Deductible expenses

= Pretax income + Overweight fees + Depreciation expense - Depreciation in the tax return

= 195 + 5 + 70 - 110

= $160

Ver imagen Parrain
Answer Link

Otras preguntas

What's 5 divided by x squared explain
A blue rope is 3 times the length as a red rope. A green rope is 5 times as log as the blue rope of the total length of all 3 ropes equals 508.25m what is the l
Does an owl have a backbone?
Thelma spent 1/6 of her weekly allowance on dog toys.  1/4 on a dog collar and 1/3 on dog food.  What fraction of her weekly allowance is left
What's 5 divided by x squared explain
What's 5 divided by x squared explain
The inner and outer Radii of a cylindrical pipe are 5 cm and 4 cm respectively. find the area of cross section of the pipe.
What is the creepiest sounding scale? What scale would u use for writing creepy music in other words
The inner and outer Radii of a cylindrical pipe are 5 cm and 4 cm respectively. find the area of cross section of the pipe.
Thelma spent 1/6 of her weekly allowance on dog toys.  1/4 on a dog collar and 1/3 on dog food.  What fraction of her weekly allowance is left