Corporate taxes   tantor supply, inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. during 2018 the firm earned $ 94 comma 800 before taxes. a. calculate the firm's tax liability using a flat tax rate of 21%. b. how much are tantor supply's 2018 after-tax earnings?

tax expense for the period:             $19,908

net income or earning after taxes: $74,892

Explanation:

We will multiply the income before taxes by the tax-rate. The result of the multiplication will be the tax expense for company.

Then, we subtract this expense to obtain the after-tax earning or net income.

Let's begin:

pre-tax income x tax-rate

94,800 x 21% = 19,908 income tax expense

earnings before taxes - income tax expense

94,800  -  19,908 = 74,892 earnings after-tax

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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answer; be sure that the information on file is correct;