the talley healthcare system had a taxable income


The Talley Healthcare System 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.

a. What is the firm's income tax liability and its after-tax income?

b. What are the firm's marginal and average tax rates on taxable income?

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Corporate Finance: the talley healthcare system had a taxable income
Reference No:- TGS0503027

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