What is the approximate federal tax

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Reference no: EM131506206

Question: 1. What conditions must a property satisfy to be considered depreciable?

2. During a particular year, a corporation has $18.6 million in revenue, $2.4 million of operating expenses, and depreciation expenses of $6.4 million. What is the approximate federal tax this corporation will have to pay for this tax year?

Reference no: EM131506206

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What is the approximate federal tax : What conditions must a property satisfy to be considered depreciable?

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