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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 -5.7 0 -5.7 1.65 -4.05
The following table computes the after-tax cash flow for a 3-year project. Year BTCF Dep. Tax. In.__In. Tax ATCF 0 -5.7 0 -5.7 1.65 -4.05 1 1.1 1.9 -0.8 0.23 1.33 2 1.1 2.53 -1.43 0.41 1.51 3 2.1 0.42 1.68 -0.49 1.61 Question. If the Federal tax rate is 21%, what is the State tax rate? O 10.06% 0 20.26% 29% O 34.8%
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