Under the personal income tax system, what is the average tax rate for an individual wth taxable income of exactly $200,000? Multiple Choice 33.50 percent 35.00 percent 32.00 percent 22.84 percent The Income statement and balance sheet for AVILA, Inc. are provided below. (Note that the reported figures in the statements are expressed in thousands of dollars) Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets AVILA, INC. Balance Sheets as of December 31, 2020 and 2021 (in 000s) Assets Sales Cost of onde 2020 2021 $100 $ 175 300 295 450 530 $ 850 $1,000 $ 1,000 $1,300 $1,850 $2,300 AVILA, INC. 2021 Income Statement (in 000s) $ 1,200 Current liabilities Accounts payable Notes payable Total Llabilities and Owners' Equity Long-term debt Owners' equity Common stock Accumulated retained earnings Total 2020 2021 Total liabilities and owners' equity $300 $ 430 500 560 $ 800 $ $700 $ $ 150 $ $ 200 $ $ 350 $ 990 800 220 290 510 $1,850 $2,300 Requirement 1: Determine the cash flow from assets (including the operating cash flow, net capital spending. and change in net working capital), cash flow to creditors, and cash flow to stockholders for AVILA, Inc. for the year 2021. (Express your answers in thousands of dollars. Round your answer to the nearest whole dollar amount (e.g., 32). Negative amounts should be Indicated by a minus sign.) Operating Cash Flow Net Capital Spending Change In NWC Cash Flow From Assets Cash Flow to Creditors Cash Flow to Stockholders SASA Internal Growth Rate Sustainable Growth Rate $ Requirement 2: Calculate the internal growth rate and the sustainable growth rate for AVILA, Inc. (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).) Requirement 3: Explain the difference in the assumptions underlying the Internal and sustainable growth rates