Average corporate tax rates Using the corporate tax rate schedule given here LOADING... , perform the following: a. Calculate the tax liability, after-tax earnings, and average tax rates for the following levels of corporate earnings before taxes: $ 10 comma 800 ; $ 81 comma 400 ; $ 303 comma 000 ; $ 501 comma 000 ; $ 1.6 million; $ 9.6 million; and $ 20.4 million. b. Plot the average tax rates (measured on the y axis) against the pretax income levels (measured on the x axis). What generalization can be made concerning the relationship between these variables? a. Find the marginal tax rate for the following levels of corporate earnings before taxes: $ 10 comma 800 ; $ 81 comma 400 ; $ 303 comma 000 ; $ 501 comma 000 ; $ 1 comma 600 comma 000 ; $ 9.6 million; and $ 20.4 million.

Save your tough Homework: Chapter 1 Homework Score: 0 79 of 1 pt 10 of 10 (to complete P1-10 (similar to) HW Score: 19 315,793 of 10 pts p post Interest versus dividend expense Michael Corporation expects atings before interest and taxes to be $41,000 for the current period A n gst ordinary tax rate of 345 compute the m eanings after taxes and earnings available for common stockholders earnings abertos and preferred stock dicenduany) under the following conditions: a. The firm pays $12,200 in interest b. The firm pays $12.200 in preferred stock dividends nd to common a. Come stochodes under conditi Corpora t ement below to compute the wings a o n to the nearesto ET Less test expense Less Pred dwdends Emis ible for common stockholders Enter any in the e lds and then click Check