Multiple Choice
ZZZ Corporation's income statement shows a provision for income taxes of $65 million in 2014.At the end of 2013,ZZZ's balance sheet reported income taxes payable of $12 million and deferred taxes of $18 million.At the end of 2014 their balance sheet shows income taxes payable of $15 million and deferred taxes of $17 million.What were ZZZ's taxes paid in 2014?
A) $61 million
B) $63 million
C) $65 million
D) $67 million
E) $69 million
Correct Answer:

Verified
Correct Answer:
Verified
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