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1. Bravo has revenue 13.875.000 and pre tax income 623.000 The federal tax rate 21% Calculate how much bravo will pay in federal taxes 2.Charlie

1. Bravo has revenue 13.875.000 and pre tax income 623.000

The federal tax rate 21%

Calculate how much bravo will pay in federal taxes

2.Charlie new project results in additional taxable incomes 670.000

The average tax rate is 26.62%

The marginal taxes rate 28.93%

Calculate how much additional tax charlie will owe

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