General patton ltd generated 6900000 of gross income during, Business Economics

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General patton ltd generated 6900000 of gross income during

Course: Value design, book: Engineering Economy 15th edition

General Patton LTD generated $6,900,000 of gross income during its tax year and incurred operating expenses of $1,875,000. Property taxes on business assets amount to $140,000. The total depreciation deductions for the tax year equal $350,000. What is the taxable income or BTCF of General Patton LTD?

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Business Economics: General patton ltd generated 6900000 of gross income during

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