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Tantor Supply, Inc., is a small coporation acting as the exclusive distributor of a major line of sporting goods. During 2013 the firmed earned $93,400
Tantor Supply, Inc., is a small coporation acting as the exclusive distributor of a major line of sporting goods. During 2013 the firmed earned $93,400 before taxes.
A. Calculate the firm's fax liability using the corporate tax rate schedule given above
B. How much are tantor Supply's 2013 after-tax earnings?
C. What is the firm's average tax rate, based on your findings from part (a)
D. What is the firm's marginal tax rate, based on your findings in part (a)
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