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orate Income Taxes The Erie Corporation had a 2017 earnings (EBIT) of $33,365,000 from operations after all operating costs (including depreciation and amortization) but betore
orate Income Taxes The Erie Corporation had a 2017 earnings (EBIT) of $33,365,000 from operations after all operating costs (including depreciation and amortization) but betore A. interest charges of $8,500,000; B. corporate dividends received of $750,000 from investments; C. dividends paid of $5,250,000; and D. income taxes. a. Calculate Erie Corporation's income tax liability, average tax, and marginal tax rate. b. What would the same facts look like if Erie Corporation was an S Corporation
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