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The following table computes the after-tax cash flow for a 3-year project. Year BTCF Dep._Tax. In.__In. Tax___ATCF 0 -8.1 0 -8.1_ 3.16 -4.94 1 0.8

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The following table computes the after-tax cash flow for a 3-year project. Year BTCF Dep._Tax. In.__In. Tax___ATCF 0 -8.1 0 -8.1_ 3.16 -4.94 1 0.8 2.7 -1.9 0.74 1.54 2 0.8 3.6 -2.8 1.09 1.89 3. 2.1 0.6 1.5 -0.591.51 Question. If the Federal tax rate is 21%, what is the State tax rate? 39% 34.65% 22.8% 0 46.8% The following table computes the after-tax cash flow for a 3-year project. Year BTCF Dep._Tax. In.__In. Tax___ATCF 0 -8.1 0 -8.1_ 3.16 -4.94 1 0.8 2.7 -1.9 0.74 1.54 2 0.8 3.6 -2.8 1.09 1.89 3. 2.1 0.6 1.5 -0.591.51 Question. If the Federal tax rate is 21%, what is the State tax rate? 39% 34.65% 22.8% 0 46.8%

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