Over But not over Tax is: Of amount over. $0 $50,000 15% $0 $50,000 $75,000 $7,500 + 25% $50,000 $75,000 $100,000 $13,750 + 34% $75,000 $100,000 $335,000 $22,250 + 39% $100,000 $335,000 $10,000,000 $113,900 + 34% $335,000 $10,000,000 $15,000,000 $3,400,000 + 35% $10,000,000 $15,000,000 $18,333,333 $5,150,000 + 38% $15,000,000 $18,333,333 35% $0 Refer to the table above: A firm has $12,000,000 in taxable income. What is the firm's tax hill? QUESTION 23 Which of the following firms is likely to have a low net profit margin? Oa. Wal-Mart Ob. Tiffany's c. Whole Foods d. Porsche