Question
Duela Dent is single and had $178,400 in taxable income. Use the rates from table 2.3 A. What is the average tax rate? Taxable Income
Taxable Income $ 0- 9,525 9,525- 38,700 38,700- 82,500 82,500- 157,500 157,500-200,000 200,000-500,000 500,000+ Tax Rate 10% 12 22 24 224257 32 35 37 122333 TABLE 2.3 Personal tax rates for 2018 (unmarried Individuals)
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Essentials of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
1260013955, 1260013952, 978-1260013955
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