HI, I have a captial budget assignment due tonight and need some assistance. See bottom part of assignment for items and details. in the assignment

HI,

I have a captial budget assignment due tonight and need some assistance.

See bottom part of assignment for items and details.

in the assignment is says marginal corporate tax rate is 30%. The revenue is $8mil p.a. Do I simply do 8mil*0.3 + 2.4mil in tax pa. or is it (revenue – cogs – hr expense)*0.3?

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