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. In 2018, Salinger Software's EBIT was -$225,000,000. In 2019, its EBIT is $300,000,000. The company has no debt, so operating income equals earnings before
. In 2018, Salinger Software's EBIT was -$225,000,000. In 2019, its EBIT is $300,000,000. The company has no debt, so operating income equals earnings before taxes. Its corporate tax rate is 25%. Assume that the company takes full advantage of the carry-forward provision in the Tax Code.. How much ta> did the company pay in 2019? $20,050,000 $85,837,500 $84,262,500 $18,750,000 $60,637,500
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