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Mariota Industries has sales of $399,420 and costs of $213,610. The company paid $34,310 in interest and $14,950 in dividends. It also increased retained

Mariota Industries has sales of $399,420 and costs of $213,610. The company paid $34,310 in interest and

Mariota Industries has sales of $399,420 and costs of $213,610. The company paid $34,310 in interest and $14,950 in dividends. It also increased retained earnings by $71,030 during the year. If the company's depreciation was $20,855, what was its average tax rate? Multiple Choice O 25.98% 34.19% 29.25% 51,95% 11.18%

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