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Taxable Income Tax Rate $ 0 5 0 , 0 0 0 1 5 % 5 0 , 0 0 1 7 5 , 0

Taxable Income Tax Rate
$050,00015%
50,00175,00025%
75,001100,00034%
100,001335,00039%
What is the average tax rate for a firm with taxable income of $131,013?
Multiple Choice
26.22%
20.00%
37.12%
28.71%
39.00%

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