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Business, 19.11.2019 01:31 kieramacphee3946

Fern co. has net income, before taxes, of $200,000, including $20,000 interest revenue from municipal bonds and $10,000 paid for officers' life insurance premiums where the company is the beneficiary. the tax rate for the current year is 30%. what is fern's effective tax rate?

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Fern co. has net income, before taxes, of $200,000, including $20,000 interest revenue from municipa...
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