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Use the following information for this question: Taxable income Marginal tax rate $ 0-$ 50,000 15% S 50,000 - $ 75,000 25% $ 75,000 -

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Use the following information for this question: Taxable income Marginal tax rate $ 0-$ 50,000 15% S 50,000 - $ 75,000 25% $ 75,000 - $ 100,000 34% $ 100,000 - $ 335,000 39% $ 335,000 - $10,000,000 34% $10,000,000 - $15,000,000 35% $15,000,000 - $18,333,333 38% $18,333,333 and above 35% If a company has the taxable income of $200,000, what would be its average tax rate? OA) 34.0% B) 32.3% C) 39.0% D) 30.6%

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