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If a company has gross income of $102,583 and depreciation and expenses of $21,393, what is the effective tax rate? Enter your answer as 12.34

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If a company has gross income of $102,583 and depreciation and expenses of $21,393, what is the effective tax rate? Enter your answer as 12.34 Round your answer to 2 decimal places. Do not use a percentage sign ("%"). 0.21

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