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Meyer Inc. has taxable income earnings before taxes of 283,000 calculate Myers federal income tax liability using the tax table shown in the picture below.
Meyer Inc. has taxable income earnings before taxes of 283,000 calculate Myers federal income tax liability using the tax table shown in the picture below. What are the firms average in marginal tax rates?
\begin{tabular}{|c|c|} \hline Taxable Income & Marginal Tax Rate \\ \hline$0$50,000 & \\ \hline$50,001$75,000 & \\ \hline$75,001$100,000 & 34% \\ \hline$100,001$335,000 & 39% \\ \hline$335,001$10,000,000 & 34% \\ \hline$10,000,001$15,000,000 & 35% \\ \hline$15,000,001$18,333,333 & \\ \hline Over $18,333,333 & 35% \\ \hline \end{tabular} The firms tax liability for the year is $________
round to the nearest dollar
The firms average tax rate is ______%
rounding to two decimal places
The firms marginal tax rate is______%
Rounding to the nearest integar
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