What are the firms income tax liability and its after tax income? What are the company’s marginal and average

Trease71: What are the firms income tax liability and its after tax income? What are the company’s marginal and average
The Tally Corporation had a taxable income of $ 365,000 from operations after all operating costs but before (1) interest changes of $ 50,000, (2) dividends received of $ 15,000 (3) dividends paid of $ 25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal and average tax rates on taxable income?

Answers and Views:

Answer by wartz
Try posting this in the homework forum.