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The tax rates for a particular year are shown below: Taxable Income $0 50,000 50,001 - 75,000 75,001 100,000 100,001 - 335,000 Tax Rate 15%

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The tax rates for a particular year are shown below: Taxable Income $0 50,000 50,001 - 75,000 75,001 100,000 100,001 - 335,000 Tax Rate 15% 25% 34% 39% What is the average tax rate for a firm with taxable income of $122,013? Multiple Choice 39.00% O 25.27% 36.17% 2000% , At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $38,554. During the year, the company repaid a long-term loan in the amount of 511714. The company paid $4.710 in interest during the year, and opened a new long-term loan for $10,250 What was the cash flow to creditors during the year? Multiple Choice $6.174 $5.540 $7004 $1,464 $11880

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