Solution-What was the amount of taxes paid

What was the amount of taxes paid

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Reference no: EM133027739

Question - You overheard a conversation at work about your company's 2019 Income Statement that indicated:

1. Last year's revenues were $ $510,967,632

2. Interest expense was $20,438,705

3. The corporate tax rate was 30%

4. COGS was 40% of revenues

5. Operating expenses were 20% of revenues

6. Depreciation expenses were $25,548,382

Required - What was the amount of taxes paid?

Reference no: EM133027739

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What was the amount of taxes paid

Reference no: EM133027739

Reference no: EM133027739

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