Calculating Taxes The Herrera Co had $246,000 in taxable income. Using the marginal rate of 39%, calculate
Question:
Calculating Taxes The Herrera Co had $246,000 in taxable income. Using the marginal rate of 39%, calculate the company income taxes.
1. What is the average tax rate?
2. What is the marginal tax rate? Also needs to be in Excel.
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Computation of the Average tax rate and Marginal Tax rate Tax Rat...View the full answer
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Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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