Elgin Battery Manufacturers had sales of $840,000 in 2021 end their cost of goods sold is 562.800 Selling and administrative expenses were 75,600 Depreciation expense was $19,000 and interest expense for the year was $12.000 The firm's tax rate is 35 percent What is the dollar amount of taxes paid in 2021? Multiple Choice $172.974 $59.710 $198.400 $61.910

Elgin Battery Manufacturers had sales of $840,000 in 2021 end their cost of goods sold is 562.800 Selling and administrative expenses were 75,600 Depreciation expense was $19,000 and interest expense for the year was $12.000 The firm's tax rate is 35 percent What is the dollar amount of taxes paid in 2021? Multiple Choice $172.974 $59.710 $198.400 $61.910

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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