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Jennings, Inc. has a tax liability of $170,000 on pretax income of $580,000. What is the average tax rate for Jennings, Inc.? 34 percent 29

Jennings, Inc. has a tax liability of $170,000 on pretax income of $580,000. What is the average tax rate for Jennings, Inc.? 34 percent 29 . percent Oc 25 percent OD. 40 percent

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