During 2010 ace company had sales of 376000 operating


Question - During 2010, Ace Company had sales of $376,000, operating expenses of $66,000, gross margin of 30%, cash dividends $30,000, other expenses/losses $15,000 and corporation income taxes of 30%. What was the income tax expense for 2010?

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Accounting Basics: During 2010 ace company had sales of 376000 operating
Reference No:- TGS02587725

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