Posted: March 3rd, 2014

Corporate taxes MG 4001

Corporate taxes Tantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2010 the firm earned ,500 before taxes. a. Calculate the firm’s tax liability using the corporate tax rate schedule given in Table 2.1. b. How much are Tantor Supply’s 2010 after-tax earnings? c. What was the firm’s average tax rate, based on your findings in part a? d. What is the firm’s marginal tax rate, based on your findings in part a?

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