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6 September, 12:35

The talley corporation had a taxable income of $365,000 from operations after all operating costs but before: (1) interest charges of $50,000, (2) dividends received of $15,000, (3) dividends paid of $25,000, and (4) income taxes. what is the firm's taxable income? what is it marginal tax rate? what is its tax expense? what is its after-tax income? what is the average tax rate based on taxable income?

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  1. 6 September, 13:01
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    50,000 + 15,000 + 25,000 = 45,000
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