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Fiat is considering launching a new Plug-in Electric SUVs. With the heavy advertising expenses associated with the new SUV launch Fiat would generate pretax operating

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Fiat is considering launching a new Plug-in Electric SUVs. With the heavy advertising expenses associated with the new SUV launch Fiat would generate pretax operating income of $45 million next year. Fiat pays a 20% tax rate. The amount that Fiat owes in taxes next year with the launch of the new SUV is closest to: a. $13 million b. $11 million c. $9 million d. $7 million

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