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Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $228,610? Taxable Income Tax Rate $0
Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $228,610?
| Taxable Income | Tax Rate | |||
| $0 | 50,000 | 15 | % | |
| 50,001 | 75,000 | 25 | % | |
| 75,001 | 100,000 | 34 | % | |
| 100,001 | 335,000 | 39 | % | |
Multiple Choice
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34.64%
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39.00%
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31.67%
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36.38%
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33.88%
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The Handbook Of European Fixed Income Securities
Authors: Frank J. Fabozzi, Moorad Choudhry
1st Edition
0471430390, 978-0471430391
