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Mathematics, 31.10.2019 03:31 3345

1. redball productions is a new company based in orem, utah, where the state corporate income tax consists of a flat tax rate of 5 percent. redball production's taxable income in 2005 was $500,000. determine their corporate taxes by calculating 5 percent of redball’s taxable income (multiply by 0.05). what amount of state income tax did redball productions owe?

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