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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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    Given the Tax Rates Below, What Is the Average Tax
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Given the Tax Rates Below, What Is the Average Tax

Question 241

Question 241

Multiple Choice

Given the tax rates below, what is the average tax rate for a firm with taxable income of $178,500? Given the tax rates below, what is the average tax rate for a firm with taxable income of $178,500?   A)  29.62 % B)  30.13 % C)  34.00 % D)  35.67 % E)  39.00 %


A) 29.62 %
B) 30.13 %
C) 34.00 %
D) 35.67 %
E) 39.00 %

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