Business, 02.08.2021 18:50 jjhagan22

Would someone help be solve these step by step, I would appreciate it a lot thanks. 1. What is the total (absolute value) tax paid by a firm and owner, when the corporation has $388 in profits and a 22.62% tax rate? (The individual tax rate is 24.56%)

2. What are the taxes paid by an C corp with a revenue of $747.7 and a corporate tax rate of 29.97%?

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Would someone help be solve these step by step, I would appreciate it a lot thanks. 1. What is the...