What is the firm income tax liability

Reference no: EM13271965

ABC company had a taxable income of $588,645 from operations after all operating costs but before interest charges of $58,760, dividends received of $56,349, dividends paid of $10,000, and income taxes. What is the firm's income tax liability?

Reference no: EM13271965

Questions Cloud

Man inherently good or evil : Man inherently good or evil? Is his progress inevitable? If left to his own resources, will he act benevolently or will he enter into conflict with his fellow man? Give an example from the 20th century and one contemporary example

What was the gain on the reacquisition of the bonds : Interest is payable semiannually, on April 1 and October 1, and the bonds mature on April 1, 20X6. On February 1, 20X2, $1,000 of these bonds are reacquired at 108 percent and accrued interest. Required: What was the gain (loss) on the reacquisiti..

What is the total mass of the dark matter in this galaxy : A star in a distant galaxy is located at a distance of 20 kpc from the center of that galaxy. What is the total mass of the dark matter in this galaxy

How much work does the electric field do in stopping proton : A proton is fired directly into a uniform electric field that is able to bring the charge momen- tarily to rest. How much work does the electric field do in stopping the proton

What is the firm income tax liability : ABC company had a taxable income of $588,645 from operations after all operating costs but before interest charges of $58,760, dividends received of $56,349, dividends paid of $10,000, and income taxes. What is the firm's income tax liability?

What would be the book value of the current assets : The inventory has a book value of $53,300 and an estimated market value of $71,200. If the store compiled a balance sheet as of today, what would be the book value of the current assets?

What is the current to let the wire just have zero tension : two flexible wires (massless) suspend a 10 cm-long conductor in the magnetic field with b = 4.2T. what is the current to let the wire just have zero tension

Is jim overspending or under-spending and why : Jim starts to work in January - time k=0. His income was zero the previous six months. His income is steady and constant for 0

Explain the importance of financial markets and securities : Explain the importance of financial markets and securities to businesses.

User Account

All Pages