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LU0470815&ce PFS 803-4216 (76953) Financial Management Su21 frederick tarley & T Homework: Chapter 3 Homework Score: 0 of 1 pt 5 of 8 (3 complete)

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LU0470815&ce PFS 803-4216 (76953) Financial Management Su21 frederick tarley & T Homework: Chapter 3 Homework Score: 0 of 1 pt 5 of 8 (3 complete) HW Sce P3-10 (similar to) (Corporate income tax) Boisjoly Productions had taxable income of $19.1 million. st a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup window: E b. Now calculate Boisjoly's average and marginal tax rates. a. The firm's tax liability for the year is $. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. Clear All parts Data Table Taxable income Marginal Tax Rate $0 - $50,000 15% $50,001 - $75,000 25% $75,001 - $100,000 34% $100,001 - $335,000 39% $335,001 - $10,000,000 34% $10,000,001 - $15,000,000 35% $15,000,001 - $18,333,333 38% Over $18,333,333 35% (Click on the icon in order to copy its contents into a spreadsheet.)

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