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Aguilar Manufacturing has income before tax on it books of $700,000, and a tax rate...

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Question

Accounting

Aguilar Manufacturing has income before tax on it books of $700,000, and a tax rate of 30%. Assuming there no book-tax income differences, what is Aguilar's income tax expense?

Group of answer choices

$210,000

$224,000

$294,000

$490,000

Answer & Explanation Solved by verified expert
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