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Ford motor company is considering launching a new line of

Ford Motor Company is considering launching a new line of hybrid? diesel-electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $30 million next year. Without the new? SUV, Ford expects to earn pretax income of $100 million from operations next year. Ford pays a 30?% tax rate on its pretax income. The amount that Ford Motor Company owes in taxes next year with the launch of the new SUV is closest? to:

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Finance Basics: Ford motor company is considering launching a new line of

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