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Taxable income for 2007
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2007
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Cost of Goods Sold $3,419
Interest 187
Dividends 370
Depreciation 892
Change in returned earnings 228
Tax rate 35%
What is the taxable income for 2007?
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Solution contains calculation of taxable income.
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Hi,
Please see response to your posting as given below:
Net income = Change ...
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