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Pls i need how to calculate Income taxable in bracket(1.e) 50,000, 25,000, 1700, 0. I saw different asnwers on chegg but i dont know how
Pls i need how to calculate Income taxable in bracket(1.e) 50,000, 25,000, 1700, 0. I saw different asnwers on chegg but i dont know how they calculate Income taxable bracket before multiplying it with the rate. Thanks
21.64) In 2017, Boyer Enterprises had $76,700 in taxable income. What was the firm's average tax rate for the year? Taxable Income Tax Rate 0 50,000 50,001 75,000 75,001 100,000 100,001 335,000 15% 25 34 39 A) 28.25 percent B) 18.68 percent C) 26.48 percent D) 20.14 percent E) 29.03 percentStep by Step Solution
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