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Corporation AB's marginal tax rate is 15 percent and Corporation Y's marginal lux rule is 21 percent Required: a. If both corporations are entitled to
Corporation AB's marginal tax rate is 15 percent and Corporation Y's marginal lux rule is 21 percent Required: a. If both corporations are entitled to an additional $6,800 deduction, how much tax savings will the deduction gene ate for each corporation? b. If both corporations are entitled to a $6,800 tax credit, how much tax savings will the credit generate for each corporation? (Assume that each corporation's precredit tax exceeds $6 800.) Complcte this question by entering your answers in the tabs below. Required Required B If both corporations are entitled to an additional $6,800 deduction, how much tox savings will the deduction generate for each corporacion Corporation AB Corporation YZ Things KRA Required B Complete this question by entering your answers in the tabs below. Required A Required Tf both capacitations are entitled to a $5,200 tax credit, how much tax savings will the credit generate for each corporation? (Assume that each corporation's precredit tax exceeds 56,800.) Corporation AB Corporation YZ Tax Savings
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