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Tremonti, Inc., is obligated to pay its creditors $8,550 during the year. a. What is the value of the shareholders' equity if assets equal $9,600?

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Tremonti, Inc., is obligated to pay its creditors $8,550 during the year. a. What is the value of the shareholders' equity if assets equal $9,600? b. What is the value of the shareholders' equity if assets equal $7.2007 Duela Dent is single and had $191,200 in taxable income. Use the rates from Table 2.3. a. What is the average tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.)

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