Specialty Corp is a cash basis
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If Specialty Corp’s marginal tax rate next year is estimated to be 15 percent, when would the company most likely bill its customers?
Specialty Corp. would bill its customers at the beginning of December.
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Specialty Corp would bill its customers in the middle of December
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Specialty Corp would bill its customers at the end of December.
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It will not matter when the company bills its customers for tax purposes
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