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Jimmy imposes a net income tax on businesses operating

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Jimmy imposes a net income tax on businesses operating

 

Jimmy imposes a net income tax on businesses operating within its jurisdiction. The tax equals 1% of income up to $100,000 and 2.5% of income in excess of $100,000. The Wallerbears bar generated $482,000 net income this year. Compute its city income tax. $12,050 $11,230 $10,550 $9,730

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Jimmy imposes a net income tax on businesses operating

Perfect Jimmy imposes a net income tax on businesses operating

Jimmy imposes a net income tax on businesses operating

 

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