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Business, 25.03.2021 23:20 rm3582317

Green Corporation reported pretax book income of $1,018,000. During the current year, the net reserve for warranties increased by $50,900. In addition, tax depreciation exceeded book depreciation by $104,500. Finally, Green subtracted a dividends received deduction of $25,450 in computing its current year taxable income. Green's cash tax rate is:

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Green Corporation reported pretax book income of $1,018,000. During the current year, the net reserv...
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