About the average tax rate

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Reference no: EM131182564

Use the information below to answer the following questions about the Savoy Corporation. The Savoy Corporation Income Statement Accounts for the year ending December? 31, 2014 Account Balance Cost of goods sold ?$345,000 Interest expense ?$79,000 Taxes ?$57,100 Revenue ?$836,000 ?Selling, general, and administrative expenses ?$93,000 Depreciation ?$126,000 Refer to the Savoy Corporation Income Statement Accounts. What is the average tax rate for the Savoy Corporation for? 2014?

Reference no: EM131182564

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