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The tax rates shown below apply to an average U.S. corporation What is the average tax rate for a firm with taxable income of $300,750?

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The tax rates shown below apply to an average U.S. corporation What is the average tax rate for a firm with taxable income of $300,750? Taxable income $ 0 - 50,000 50,001 - 75,000 75,001 - 100,000 100,001 - 335,000 Tax Rate 15% 25% 34% 39% 28 25 percent O 31.09 percent O 33 47 percent 35.48 percent 39.00 percent

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