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1. In 2017, Lafayette Books had $76,700 in taxable income. What was the firm's average tax rate for the year? Taxable Income Tax Rate 0

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1. In 2017, Lafayette Books had $76,700 in taxable income. What was the firm's average tax rate for the year? Taxable Income Tax Rate 0 50,000 15% 50,001 75,000 25 75,001 100,000 34 100,001 335,000 39

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