Calculating Taxes The Herrera Co had $246,000 in taxable income. Using the marginal rate of 39%, calculate

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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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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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Question Posted: Feb 08, 2013 02:34 AM

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Calculating Taxes The Herrera Co had $246,000 in taxable income. Using the marginal rate of 39%, calculate

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Computation of the Average tax rate and Marginal Tax rate Tax Rat...View the full answer

Taxation Of Individuals And Business Entities 2015

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