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A company has the following data: Interest revenue 700 Gross profit 86,000 Loss on sale of equipment 4,000 Income from operations 50,000 Net income 29,888
A company has the following data:
Interest revenue | 700 |
Gross profit | 86,000 |
Loss on sale of equipment | 4,000 |
Income from operations | 50,000 |
Net income | 29,888 |
What is the company's tax percentage rate?
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