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(1 of 10) Return to Site Using the tax table provided in Figure 10.3, determine the average and marginal tax rates for a company that

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(1 of 10) Return to Site Using the tax table provided in Figure 10.3, determine the average and marginal tax rates for a company that earned $11 million in taxable income. ho Average rate = 34.00%; Marginal rate = 35.00% Average rate = 34.09%; Marginal rate = 35.00% Average rate = 34.00%; Marginal rate = 34.00% Average rate = 35.00%; Marginal rate = 34.09% = = Note: Clicking any button other than the Save Answer button will NOT save any changes to your answers! 10.3 Marginal Tax Rate Taxable Income Portion Subject to That Rate 15% 12.00nt pneca 0-$50,000 Noong 25% $50,001-$75,000 34% $75,001-$100,000 39% $100,001-$335,000 34% $335,001-$10,000,000 35% 38% $10,000,001-$15,000,000 $15,000,001-$18,333,333 $18,333,333+ 35%

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