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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items

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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets! Long-tern debt Notes payable Dividends paid Cash and marketable securities 2015 34,900 2,800 480 300 510 140 590 2010 350 4.600 2,800 853 470 850 2016 $5,000 1,900 500 330 560 100 610 320 305 5,340 3, 150 530 470 450 Taxes are paid in their entirety in the year that the tax obligation is incurred. Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. What was the firm's average tox bracket for each year? (Enter your answers as a percent rounded to 1 decimal places.) 2015 2016 Average tax rate %

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