Brandt-Leland has the following cash flows: Operating income $465,500 Interest paid 77,000 Interest received 39,000...
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Finance
Brandt-Leland has the following cash flows: Operating income $465,500 Interest paid 77,000 Interest received 39,000 Dividends paid 59,000 Dividends received 46,000
Using a tax rate of 25%, what is Brandt-Lelands taxable income, income tax liability and after-tax income (NI)?
Group of answer choices
$469,000 $117,250 $373,750
$430,500 $107,625 $348,875
$450,500 $112,625 $360,875
None of these choices
$450,500 $112,625 $366,650
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