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In fiscal 2013, Microsoft Corp. reported a statutory tax rate of 35.00% and an effective tax rate of approximately 19.18 %. The tax rate on operating profit was 19.39%. The 2013 income statement reported income tax expense of $5,189 million. What did Microsoft report as income before income tax expense that year?
A) $14,826 million
B) $28,071 million
C) $27,054 million
D) $ 7,571 million
E) None of the above
mimi company is considering a capital investment of 240000 in new equipment. the equipment is expected to have a 5-year
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Lender Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the age of 65 while in service. Calculate the postretirement benefit expense for the current year.
1.harveys variable costs are 30 of sales. the company is contemplating an advertising campaign that will cost 33000.
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List the acceptable cost flow assumptions under IFRS.
the general fund collected 825000 in accrued taxes which was transferred to the debt service fund 600000 of this amount
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