Taxable Income Tax Rate

$$0-$$$50,00015\%$

$$50,001-$$$75,00025\%$

$$75,001-$$$100,00034\%$

$$100,001-$$$335,00039\%$

A company$$s earnings before taxes $($EBT or taxable income$)$ is $$55,000.$ What are its average tax rate?

$16\mathrm{.}67\%$

$25\%$

$15\mathrm{.}9\%$

$20\%$