Determine the federal taxes owed by lowtech and the


Low Tech, Inc., had revenues of $400,000 in the year just completed. The company incurred $133,000 in cash expenses and $24,575 in depreciation expenses. Determine the federal taxes owed by LowTech and the after-tax cash revenues. (Answer: ATCF $189,200)

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Business Economics: Determine the federal taxes owed by lowtech and the
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