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Please Show Work Blue Company's income before taxes is $370,000 and its tax is 30%. Blue included $30,000 of fines and penalties in the $370,000.

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Please Show Work Blue Company's income before taxes is $370,000 and its tax is 30%. Blue included $30,000 of fines and penalties in the $370,000. There are no other book minus-tax differences. What is the effective tax rate for Blue Company? Caesar Corporation reported income before taxes of 180,000 for the years 2016, 2017, and 2018. In 2019 they experienced a loss of 180,000. The company had a tax rate of 25% in 2016 and 2017, and a rate of 35% in 2018 and 2019. Assuming Caesar uses the carryback provisions for the net operating loss, by what amount will the income tax benefit reduce the net loss in 2019? Interurban Company began operations on the first day of the year. On that day they issued 40,000 shares. On March 1 they issue 15,000 shares and on July 1, another 70,000 shares. On December 1, Interurban repurchased 4,000 shares of outstanding shares. Compute basic EPS for the first year of operation if net income was $60,000

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