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Yr 1 Sales Yr 2 1,200 850 1,000 COGS 700 200 200 Operating expenses Income taxes 30 Jett Co.'s average tax rates for Year 2

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Yr 1 Sales Yr 2 1,200 850 1,000 COGS 700 200 200 Operating expenses Income taxes 30 Jett Co.'s average tax rates for Year 2 and Year 1 are: O a. 15.5% and 10.0% O b. 20.0% and 35.0% O c. 25.8% and 35.4%. O d.31.4% and 36.8%

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