Netgate Corporation's Gross Regular Tax Liability for the Year Was

question 102

Essay

Netgate Corporation's gross regular tax liability for the year was $95,375.What was its taxable income? Note: New Corporate income tax rate has been mentioned as "21% on all taxable income" as per the recent change.

---

Definitions:

Transactional Marketing

A business strategy focusing on single-point sales transactions rather than building longer-term customer relationships, emphasizing product exchange and immediate revenue.

E-Selling

The process of using digital platforms and tools to conduct sales activities, including promoting, selling, and servicing customers online.

Telemarketing Activities

Marketing campaigns conducted over the telephone to sell products or services to potential customers.

Relationship Marketing

A marketing strategy focused on building and maintaining long-term relationships with customers.