QUESTION
. PDQ Corp. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expenses are $
Category: Business
Subject: Accounting
Due Date: 01/17/2016
Question Asked: 2016-01-18 00:23:05
Asked by:
User: easy1
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6. PDQ
Corp. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and
its total operating expenses are $600,000. The firm's interest expense is
$250,000, and the corporate tax rate is 40%. What is PDQ's tax liability?
(Points : 1)
$258,000
$260,000
$360,000
$600,000
AVAILABLE ANSWERS
. PDQ Corp. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expenses are $
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Posted on 2016-01-18 00:23:05
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User: easy1
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...'s interest expense is $250,000, and the corporate tax ra...
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