Question: 2) b*** and a too if youd like although i believe a is 398608? 2) Carl is thinking of purchasing stock in Harrison Engineering and
2) b*** and a too if youd like although i believe a is 398608?
2) Carl is thinking of purchasing stock in Harrison Engineering and 3-D Imaging. From last year's annual report, he deduced that Gl=$4.9 million, E=$2.1 million, and D=$1.4 million. If the average federal tax rate is 21% and state/local tax rates total 9.8%, estimate a) federal income taxes b) the percent of Gl that Harrison Engineering pays in Federal, State, and Local income taxes
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