How much are Tantor Supply after-tax earnings

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Reference no: EM132607205

Corporate taxes   

Tantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2018 the firm earned $92,500 before taxes.

Question a. Calculate the firm's tax liability using a flat tax rate of 21%.

Question b. How much are Tantor Supply's 2018 after-tax earnings?

Reference no: EM132607205

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