m2addymoDaDdoinaCar m2addymoDaDdoinaCar

07-10-2016
Business

contestada

Abc company earned $851,597 in taxable income for the year. how much tax does the company owe on this income?
a. 48,542
b. 18,592.94
c. 200,042.79
d. 289,542.98

Respuesta :

andriansp andriansp

16-10-2016

since there is no further information, i believe the answer would be : D. 289,542.98

The taxed rate for taxable income is usually depended on the type of the company (it could be around 30 - 35 %), but it should be around option D

hope this helps

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