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A and B are correct I have for A = 65,650 and for B= 85,850 please show me how we get C Company G, which
A and B are correct
I have for A = 65,650
and for B= 85,850
please show me how we get C
Company G, which has a 35 percent marginal tax rate, owns a controlling interest in Company J, which has a 15 percent marginal tax rate. Both companies perform engineering services. Company G is negotiating a contract to provide services for a client. Upon satisfactory completion of the services, the client will pay $101,000 cash. a. Compute the after-tax cash from the contract assuming that Company G is the party to the contract and provides the services to the client. b. Compute the after-tax cash from the contract assuming that Company J is the party to the contract and provides the services to the client. c. Compute the after-tax cash from the contract assuming that Company J is the party to the contract, but Company G actually provides the services to the client. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the after-tax cash from the contract assuming that Company J is the party to the contract, but Company G actually provides the services to the client. (Negative amount should be indicated by minus sign.) After-tax cash flow for Company G S 35,350Step by Step Solution
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