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Business, 20.09.2020 14:01 therealpr1metime45

Green Corporation reported pretax book income of $1,012,000. During the current year, the net reserve for warranties increased by $50,600. In addition, tax depreciation exceeded book depreciation by $103,000. Finally, Green subtracted a dividends received deduction of $25,300 in computing its current year taxable income. Green's cash tax rate is:

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Green Corporation reported pretax book income of $1,012,000. During the current year, the net reserv...
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