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a firm has taxable earnings of $130500.00 use the tax bracket below to determine and to clearly state the firm's a) tax liability b) average
a firm has taxable earnings of $130500.00 use the tax bracket below to determine and to clearly state the firm's a) tax liability b) average tax rate
Taxable income Marginal tax pate $0-$15,000 10.00% 15.00% 22.50% $15,000 - $30,000 $30,000 - $50.000 $50,000 - $100,000 100,000 - $150,000 $150,000 - $200,000 30.00% 35.00% 27.50% Over $200.000 25.000 6Step by Step Solution
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