Estimating the taxable income
Emery Inc had $5million gross income, operating expenses $1million, paid $1million interest on $10million borrowed, and paid a dividend of $0.50 million. Emerys Inc taxable income is?
a- 4million
b- 3million
c- 3.5million
d- 2.5million
Now Priced at $5 (50% Discount)
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