Question
Julie is single and has the same tax bracket as John (above): Rate 10% 12% 22% 24% For Single Individuals Up to $9,875 $9,876
Julie is single and has the same tax bracket as John (above): Rate 10% 12% 22% 24% For Single Individuals Up to $9,875 $9,876 to $40,125 $40,126 to $85,525 $85,526 to $163,300 Julie makes $100,000. She calculated her taxes and cried a tear or two when she realized what her marginal rate, her tax bill, and her average rate were. What amounts did Julie calculate?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
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