QUESTION

BUS401 6. PDQ Corp. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expe

Category: Business
Subject: Finance
Due Date: 01/27/2016
Question Asked: 2016-01-27 16:58:54

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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

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BUS401 6. PDQ Corp. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expe

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...$250,000, and the corporate tax rate is 40%. What is PDQ...

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