Energizer battery manufacturers had sales of 2000000 in, Ask an Expert

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Energizer Battery Manufacturers had sales of $2,000,000 in 2010 and their cost of goods sold represented 75 percent of sales. Selling and administrative expenses were 10 percent of sales. Depreciation expense was $100,000 and interest expense for the year was $40,000. The firm's tax rate is 30 percent. What is the dollar amount of taxes paid?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91538488

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