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Corporate tax rate Exchange Rate (7/20/20) Earnings before taxes $4,500,000 4,300,000 O $8,358,071 O $127,071,200 US Parent $9,036,113 (US$) O$9,033,357 German Subsidiary 21% (euros, )
Corporate tax rate Exchange Rate (7/20/20) Earnings before taxes $4,500,000 4,300,000 O $8,358,071 O $127,071,200 US Parent $9,036,113 (US$) O$9,033,357 German Subsidiary 21% (euros, ) 40% $1.14/ Chinese Subsidiary (yuan, ) 25,000,000 After deducting taxes in each country, what are this company's consolidated earnings in US$? 30% 6.89/$
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