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engineering economics 7-77. If a company's total effective income tax rate is 40% and its state income tax rate is 20%, what is the company's

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engineering economics

7-77. If a company's total effective income tax rate is 40% and its state income tax rate is 20%, what is the company's federal income tax rate? (a) 20% (b) 25% (0)35% (d) 40% (e) 52%

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