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The Drydek Co. had $267,000 in taxable income.Using the rates from Table 2.3 in your textbook Chapter 2, calculate the company's income taxes. a) Calculate
The Drydek Co. had $267,000 in taxable income.Using the rates from Table 2.3 in your textbook Chapter 2, calculate the company's income taxes.
a) Calculate the total taxes due, in dollars?
b) Determine the company's average tax rate?
c) Determine the company's marginal tax rate?
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