Mathematics: 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?

1. redball productions is a new company based in

tolantyler365

08.01.2022

Based on the given above, we can use the following:

Taxable income in 2005 = $500,000

Corporate income tax rate = 5%

To solve for the state income tax of RedBall Production, we can simply get the product:

$500,000 * 5% = $25,000

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llllllllllllllkkk

15.04.2020

The store sells one toy car for $2 because the yo-yos cost $8.

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