Question: Please help me by answer the question. And explain the financial situation of organisation in 2nd question . Problem-1 Corporate Tax Rate in the USA

 Please help me by answer the question. And explain the financial

Please help me by answer the question. And explain the financial situation of organisation in 2nd question.

Problem-1 Corporate Tax Rate in the USA Tax Rate(%) 10% 30% 35% 38% 40% Taxable Income Range 0-50 000 50 001 - 75 000 75 001 - 100 000 100 001 - 335 000 335 001 - 10 000 000 10 000 001 - 15 000 000 15 000 001 - 18 333 333 18 333 334 and more A firm has a taxable income of $20000000 Required: What is the tax bill? What is its average tax rate? What is its marginal tax? Problem-2 The following Balance Sheet is given: Assets 2019 Current Assets Cash 90 Accounts Receivable 178 Inventory 301 Fixed Assets 2731 Total Assets 3300 Liabilities and Owners' Equity Accounts Payable 175 Notes Payable 355 Long Term Debt (Liability) 570 Owner's equity 2200 Total 3300 2020 2021 135 115 370 2880 3500 155 290 675 2880 4000 220 240 540 2500 3500 180 540 780 2500 4000 Requirement: i. Calculating the common-size balance sheets of Prufrock for 2019 and 2020 Analysing the financial development of the firm

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