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Your company generated $3.0 million in revenue for 2014 and incurred $2.35 million in expenses. a. How much Federal tax due you owe? b. What

Your company generated $3.0 million in revenue for 2014 and incurred $2.35 million in expenses.

a. How much Federal tax due you owe?

b. What is your average tax rate?

c. What is your marginal tax rate?

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