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Oakdale Fashions, Inc's, 2 0 2 1 income statement is reported below. ( Use corporate tax rate of 2 1 percent for your calculations. )
Oakdale Fashions, Inc's, income statement is reported below. Use corporate tax rate of percent for your calculations.
Determine the firm's tax liability.
tableTax liability,$
Determine the firm's net income.
tableNet income,$
Determine the firm's average tax rate. Round your answer to decimal places.
tableAverage tax rate,
Determine the firm's marginal tax rate.
tableMarginal tax rate,
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