47,000 Times 400 Equals

question 48

Multiple Choice

47,000 times 400 equals:

• A)18,800,000
• B)18,000,000
• C)18,000,800
• D)800,000
• E)188,000

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Definitions:

Income Tax Benefit

A reduction in income tax payments, which can result from deductions, exemptions, or credits, often recognizing benefits from losses or deductions from previous years.

Income Tax Expense

The amount of money a company or individual owes to the government based on earned income, reflecting the tax rate and taxable earnings for a fiscal period.

Income Tax Rate Change

A modification in the percentage that individuals or corporations are required to pay to the government from their income.

Future Liability

A financial obligation or debt that a company is required to pay at a future date.