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Business, 09.08.2019 23:20 gggggg47

Kasar co. has net income, before taxes, of $335,000, including $35,000 in interest revenue from municipal bonds and $12,000 paid for officers’ life insurance premiums where the company is the beneficiary. the effective tax rate for the current year is 29.5%. what is kasar’s actual tax rate for the current year?

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Kasar co. has net income, before taxes, of $335,000, including $35,000 in interest revenue from muni...
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