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. Last year the Selling Corporation had Earnings before interest and taxes equal to $1,000,000....

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Accounting

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. Last year the Selling Corporation had Earnings before interest and taxes equal to $1,000,000. It paid $200,000 in dividends to its stockholders and $100,000 interest to its bond holders. During the year, the company also received dividends worth $150,000 from investment in another company's shares. Calculate the Selling Corporations Tax liability

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