MCQs>Finance & Management>Financial Analysis>Company A is incorporated in the US and operates in the US only. Calculate the corporate tax on EBT of $57,000 for 2012, assuming no tax reduction practices and 40% tax rate.
Financial Analysis MCQs
Company A is incorporated in the US and operates in the US only. Calculate the corporate tax on EBT of $57,000 for 2012, assuming no tax reduction practices and 40% tax rate.
Answer
Correct Answer: $22,800
Explanation:
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