For its 2010 tax year ilex corporation has ordinary income
Question - For its 2010 tax year, Ilex Corporation has ordinary income of $240,000, a short-term capital loss of $60,000, and a long-term capital gain of $20,000. Calculate Ilex Corporation's tax liability for 2010.
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johnsons nursery has net income of 42500 depreciation expense of 1800 interest expense of 900 taxes of 1600 additions
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question - for its 2010 tax year ilex corporation has ordinary income of 240000 a short-term capital loss of 60000 and
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