FIN 301-01 - SPRING 2020 - CHATTERJEE Homework: Chapter 3 Homework Save Score: 0 of 1 pt 8 of 8 (5 complete) HW Score: 48.13%, 3.85 o.. * Bonus Question 3-10 (static) Question Help (Corporate income tax) Boisjoly Productions had taxable income of $19.9 million. a. Calculate Boisjoly's federal income taxes by using the corporate tax rate structure in the popup window, b. Now calculate Boisjoly's average and marginal tax rates. c. What would Boisjoly's federal income taxes be if its taxable income was $29.5 million? d. Now calculate Boisjoly's average and marginal tax rates with taxable income of $29.5 million. a. Calculate Boisjoly's federal income taxes. The total tax due is $ 6965000. (Round to the nearest dollar.) b. Now calculate Boisjoly's average and marginal tax rates The average tax rate is % (Round to the nearest percent.) Enter your answer in the answer box and then click Check Answer Bonus Question 3-10 (static) Question Help baper (Corporate income tax) Boisjoly Productions had taxable income of $19.9 million. Data Table a. Calcule b. Now ca c. What d. Now ce m M. 3. C.... a. Calcula The total nci b. Now ca Corporate Tax Rates 15% $0-$50,000 25% $50,001$75,000 34% $75.001$10,000,000 35% over $10,000,000 Additional surtax 5% on income between $100,000 and $335.000 3% on income between $15,000,000 and $18,333,333 (Click on the icon located on the top-right comer of the data table above in order to copy its contents into a spreadsheet) The avera ti... Print Print | Done inter voulaiswETETETSWEE T ENEUROCONALISUS nts 4 parts 1 remaining en om d FIN 301-01 - SPRING 2020 - CHATTERJEE Homework: Chapter 3 Homework Save Score: 0 of 1 pt 8 of 8 (5 complete) HW Score: 48.13%, 3.85 o.. * Bonus Question 3-10 (static) Question Help (Corporate income tax) Boisjoly Productions had taxable income of $19.9 million. a. Calculate Boisjoly's federal income taxes by using the corporate tax rate structure in the popup window, b. Now calculate Boisjoly's average and marginal tax rates. c. What would Boisjoly's federal income taxes be if its taxable income was $29.5 million? d. Now calculate Boisjoly's average and marginal tax rates with taxable income of $29.5 million. a. Calculate Boisjoly's federal income taxes. The total tax due is $ 6965000. (Round to the nearest dollar.) b. Now calculate Boisjoly's average and marginal tax rates The average tax rate is % (Round to the nearest percent.) Enter your answer in the answer box and then click Check Answer Bonus Question 3-10 (static) Question Help baper (Corporate income tax) Boisjoly Productions had taxable income of $19.9 million. Data Table a. Calcule b. Now ca c. What d. Now ce m M. 3. C.... a. Calcula The total nci b. Now ca Corporate Tax Rates 15% $0-$50,000 25% $50,001$75,000 34% $75.001$10,000,000 35% over $10,000,000 Additional surtax 5% on income between $100,000 and $335.000 3% on income between $15,000,000 and $18,333,333 (Click on the icon located on the top-right comer of the data table above in order to copy its contents into a spreadsheet) The avera ti... Print Print | Done inter voulaiswETETETSWEE T ENEUROCONALISUS nts 4 parts 1 remaining en om d
