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Business, 20.08.2020 18:01 KpopSushi

Alamo Inc. had $240 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $26 million and an increase in deferred tax liabilities of $52 million. The company is subject to a tax rate of 25%. The total income tax expense for the year was:

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Alamo Inc. had $240 million in taxable income for the current year. Alamo also had a decrease in def...
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