Business, 30.09.2019 22:00 lexik4746

Which one of these is correct?
taxable income must be a positive value.
net income is distributed either to dividends or retained earnings.
taxable income equals net income × (1 + average tax rate).
depreciation has no effect on taxes.
interest paid is a noncash item.

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Which one of these is correct?
taxable income must be a positive value.
net income is...

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