Marginal and Average Tax Rates Download the annual income statements for Sharper Image (SHRP). Looking back at
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Marginal and Average Tax Rates Download the annual income statements for Sharper Image (SHRP). Looking back at Table 2.3, what is the marginal income tax rate for Sharper Image? Using the total income tax and the pretax income numbers, calculate the average tax rate for Sharper Image. Is this number greater than 35 percent? Why or why not? LO.1
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