Zzz corporations income statement shows a provision for


ZZZ Corporation’s income statement shows a provision for income taxes of $65 million in 2014. At the end of 2013, ZZZ’s balance sheet reported income taxes payable of $12 million and deferred taxes of $18 million. At the end of 2014 their balance sheet shows income taxes payable of $15 million and deferred taxes of $17 million. What were ZZZ’s taxes paid in 2014?

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Financial Management: Zzz corporations income statement shows a provision for
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