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Question 15 2 pts The following information relates to Meca International for its first year of operations (data in millions of dollars) $ 250 Pretax

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Question 15 2 pts The following information relates to Meca International for its first year of operations (data in millions of dollars) $ 250 Pretax accounting income: Pretax accounting income included: Overweight fines (not deductible for tax purposes) Depreciation expense Depreciation in the tax return using MACRS: 10 67 105 The applicable tax rate is 25%. There are no other temporary or permanent differences What is Meca's effective tax rate? None of these answer choices are correct. 27% 2496 26%

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