davisbrittany5784
davisbrittany5784
19.03.2021 • 
Mathematics

Type the correct answer in the box. Spell the words correctly. The following information is given:

Income before interest and tax $20,000
Debt capital $100,000
Interest on debt capital 5%
Tax rate 30%
What is the amount of tax paid for the year?

The amount of tax paid for the year is $

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