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  3. Study Set
    Financial Management Principles and Applications Study Set 2
  4. Exam
    Exam 3: Understanding Financial Statements, Taxes, and Cash Flows
  5. Question
    A Corporation's Average Tax Rate Will Always Be Lower Than
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A Corporation's Average Tax Rate Will Always Be Lower Than

Question 18

Question 18

True/False

A corporation's average tax rate will always be lower than or equal to its marginal tax rate.

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