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    Essentials of Corporate Finance Study Set 2
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    Exam 2: Financial Statements,Taxes,and Cash Flow
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    The Corporate Tax Structure in the U
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The Corporate Tax Structure in the U

Question 11

Question 11

Multiple Choice

The corporate tax structure in the U.S.is based on a:


A) maximum tax rate of 38 percent.
B) minimum tax rate of 10 percent.
C) flat rate of 34 percent for the highest income earners.
D) flat-rate tax.
E) modified flat-rate tax.

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