Ladue, Inc., has a taxable income of $90,000 for 2017. What is its average tax rate based on following tax table?

Taxable Income ($) Tax Rate (%)

0 - 50,000 15

50,001 - 75,000 18

75,001 - 100,000 34

100,001 - 335,000 39

335,001 - 10,000,000 34

Calculate the CFFA based on the following information:

• Current Accounts
• 2018: CA = 4,400; CL = 1,500
• 2017: CA = 3,500; CL = 1,200
• Fixed Assets and Depreciation
• 2018: Net Fixed Asset = 3,400;
• 2017: Net Fixed Asset = 3,100
• Depreciation Expense = 600
• Income Statement
• EBIT = 3,400; Taxes = 300
• Interest Expense = 350; Dividends = 500

Group of answer choices

1800

1400

1600

2200

2000

2400