MC Qu 110 The tax rates are as shown The tax rates are as shown Taxable Income Tax Rate $0 50,000 15 50,001 75,000 25 75,001 100,000 34 100,001 335,000 39 What is the average tax rate for a firm with taxable income of $125,013 28 09 25 60 20 00 39 00 36 50

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MC Qu. 110 The tax rates are as shown... The tax rates are as shown. Taxable Income Tax Rate $0 50,000 15% 50,001 75,000 25%

MC Qu. 110 The tax rates are as shown...

The tax rates are as shown.

Taxable Income	Tax Rate
$0 50,000	15%
50,001 75,000	25%
75,001 100,000	34%
100,001 335,000	39%

What is the average tax rate for a firm with taxable income of $125,013?

28.09%

25.60%

20.00%

39.00%

36.50%

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