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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