Elgin Battery Manufacturers had sales of $890,000 in 2015 and their cost of goods sold is 569,600. Selling and administrative expenses were 89,000. Depreciation expense was $11,000 and interest expense for the year was $11,000. The firm's tax rate is 33 percent. What is the dollar amount of taxes paid in 2015

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement consumer surplus producer surplus neither a local store was having a sale on textbooks, so i bought a used textbook for my brother. i sold a watch for $61, even though i was willing to go as low as $55 in order to sell it. even though i was willing to pay up to $116 for a used laptop, i bought a used laptop for only $110.