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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 2: Financial Statements, Cash Flow, and Taxes
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    Alpha, Inc
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Alpha, Inc

Question 349

Question 349

Multiple Choice

Alpha, Inc. earned $95,000 in net income in 2017 and paid $20,548.50 in taxes. Alpha, Inc. earned $95,001 in net income in 2018 and paid $20,548.84 in taxes. What is the marginal tax rate for Alpha, Inc.?


A) 15%
B) 25%
C) 34%
D) 35%
E) 38%

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