An old machine was purchased for $20000 at a book value of$5000 and sold for $9000. The firms marginal tax rate is 25%.What is the amount of taxes due?a. $9000b. $5000c. $2250d. $1000
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Δ