14. If the company's taxable income is $380,000. What is the company's tax liability (refer...
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14. If the company's taxable income is $380,000. What is the company's tax liability (refer to table at the end of the test for tax rates)? a. $113,900 b. $129,200 c. $117,200 d. $125,660 15. Given the following information, calculate the inventory for Big Show Videos: Quick ratio = 1.3; current liabilities = $5,000; Current ratio = 2.2. a. $4,500 b. $6,240 c. $7,200 d. $5,000
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