Chapter 7, Problem 7.14E

Dura Battery Manufacturers had sales of $870,000 in 2009 and their cost of goods sow represented 63 percent of sates. Selling and administrative expenses were 11 percent of sales. Depreciation expense was $14,000 and interest expense for me year was $14,000. The firm's tax rate is 26 percent. What is the dollar amount of taxes paid?

Subject:- general accounting

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What is the correct answer with accounting

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increase in profits?