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If the tax rate is 21 percent in 2020 . What is the average tax rate for a firm with taxable income of $125,013? Multiple

If the tax rate is 21 percent in 2020 . What is the average tax rate for a firm with taxable income of $125,013? Multiple Choice 21.00% 20.00% 39.00% 31.90% 23.49%

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