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leble corp. has a taxable income of $317000, and the firm faces the corporate tax rates illustrated in the table below Taxable Income $0-50000 50001-75000
leble corp. has a taxable income of $317000, and the firm faces the corporate tax rates illustrated in the table below Taxable Income $0-50000 50001-75000 75001-100000 100001-335000 335001-10,000,000 10,000,001 - 15,000,000 15,000,001- 18,333,333 18,333,334-+ Tax Rate 15% 25% 34% 39% 34% 35% 38% 35% What is Iehles tax liability? $106,880 98,690 94,790 108,050 97,520 What is lehles marginal tax rate? 33% 34% 35% 38% 39% What is lehles average tax rate? Round to nearest percentage point. 34% 33% 35% 38% 39% Which of the following two tax rates has the most economic significance for iebles financial A. Average Tax Rate B. Marginal tax rate
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