HTF 100 Study Guide - Income Tax

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According to the information provided in the following table, use hubbart formula and the rule of thumb approaches to determining the adr respectively. 1,500,000 (1-0. 4) (36,000,000-10,000,000) x 0. 1 + 2,600,000 interest expenses. Add = 5,100,000 income before taxes and interest. If the f & b is negative, it is added, if it is positive, it is subtracted. 500 x 35 x 0. 71 x 365 + 4,535,125 direct expenses in. 36,000,000/500 = 72,000 72,000/1000 = 72 adr must be minimum of .

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