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    Fundamentals of Corporate Finance Study Set 16
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    Exam 3: Financial Statements, Cash Flows and Tax
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    Trimeton Company Announced That in the Year Ended June 30
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Trimeton Company Announced That in the Year Ended June 30

Question 15

Question 15

Multiple Choice

Trimeton Company announced that in the year ended June 30, 2013, its earnings before tax amounted to $2,367,045. Calculate its tax using the 30% corporate tax rate.


A) $710,114
B) $690,895
C) $713,145
D) none of the above

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