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34 Intro A company has $14,500,000 in taxable income. Consider the following corporate marginal tax rates: Taxable income ($) Tax rate 0- 50,000 15% 50,001-
34 Intro A company has $14,500,000 in taxable income. Consider the following corporate marginal tax rates: Taxable income ($) Tax rate 0- 50,000 15% 50,001- 75,000 25% 75,001- 100,000 34% 100,001- 335,000 39% 335,001 10,000,000 34% 10,000,001 15,000,000 35% 15,000,001 18,333,333 38% 18,333,334+ 35% Part 1 What is the marginal tax rate for the company? 3+ decimals Attempt 1/10 for 10 pts. Submit Submit Part 2 Attempt 1/10 for 10 pts. What is the total tax bill for the company, i.e., how much does the company have to pay in taxes (in $)? 0+ decimals Submit Part 3 What is the company's average tax rate? 3+ decimals Submit Attempt 1/10 for 10 pts. About Blog Contact Instructor Guide Privacy Policy Support Terms & Conditions
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