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To calculate a company's average tax rate an analyst would: a. Divide income tax payable by income before taxes. b. Average a firm's Federal, State,

To calculate a company's average tax rate an analyst would: a. Divide income tax payable by income before taxes. b. Average a firm's Federal, State, Local and Foreign tax rates. O c. Divide income tax expense by income before taxes. O d. Multiply the statutory income tax rate by income before tax

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