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The Dyrdek Co. had $279,000 in 2014 taxable income. Use the tax rates from Table 2.3. What is the average tax rate? (Do not round

The Dyrdek Co. had $279,000 in 2014 taxable income. Use the tax rates from Table 2.3.

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What is the average tax rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Average tax rate %

What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.)

Marginal tax rate %

Taxable Income Tax Rate 50,000 75,000 75,001-100,000 100,001335,000 335,001-10,000,000 10,000,001-15,000,000 15,000,001-18,333,333 15% 25 34 39 34 35 38 35 0 50,001 18,333,334+

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