A us company planned to have a taxable income of 8500000, Ask an Expert

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A U.S. company planned to have a taxable income of $8500,000 this year, It actually $2, 200,000 more than planned Using the U.S. Corporate Income Tax Rate Schedule:

a) What is the amount of taxes paid on the planned and actual taxable income?

b) How many more dollars will be paid in additional federal taxes this year than planned?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92872765

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