1 QUESTION WILL FAN AND MEDAL!!!

RedBall Productions is a new company based in Orem, Utah. RedBall supplies stock images of still photography. Utah's state corporate income tax consists of a flat tax rate of 5% on all corporate income. RedBall Production's taxable income in 2005 was $500,000. What amount of state income tax did RedBall Productions owe?

Question

1 QUESTION WILL FAN AND MEDAL!!!

RedBall Productions is a new company based in Orem, Utah. RedBall supplies stock images of still photography. Utah's state corporate income tax consists of a flat tax rate of 5% on all corporate income. RedBall Production's taxable income in 2005 was $500,000. What amount of state income tax did RedBall Productions owe?

anonymous · Answer

5% of $ 500,000
so 0.05* 500,000= ? 
thats ur answer

anonymous · Answer

25000?

anonymous · Answer

yes

anonymous · Answer

Thanks!

anonymous · Answer

yaw

anonymous · Answer

I have one other question open if you're available to help, I just asked it so i should be in the lineup.

anonymous · Answer

post it,i will check it in a while

anonymous · Answer

http://openstudy.com/study#/updates/538218e1e4b0973bc8fbe863