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ss7ja [257]
3 years ago
7

The tax rates are as shown. taxable income tax rate $0 – 50,000 15% 50,001 – 75,000 25% 75,001 – 100,000 34% 100,001 – 335,000 3

9% what is the average tax rate for a firm with taxable income of $129,513?
Business
1 answer:
Goshia [24]3 years ago
3 0
To get the answer, first you have to identify at which rate is your taxable income falls. From the rage of <span>100,001 – 335,000, it have 39%. Then you will just simple multiply it.
Income x 0.39 = tax rate
the answer is </span><span>$</span>50,510.07.
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D. Use an indirect approach to soften the blow.

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The price of the stock today is $42.94

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