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fiasKO [112]
3 years ago
10

The talley corporation had a taxable income of $365,000 from operations after all operating costs but before: (1) interest charg

es of $50,000, (2) dividends received of $15,000, (3) dividends paid of $25,000, and (4) income taxes. what is the firm's taxable income? what is it marginal tax rate? what is its tax expense? what is its after-tax income? what is the average tax rate based on taxable income?
Business
1 answer:
Furkat [3]3 years ago
3 0
50,000+ 15,000 + 25,000 = 45,000
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