Question: Blackboard Remaining Time: 58 minutes, 24 seconds. Question Completion Status: QUESTION 18 Use the below tables to answer problems 18, 19 and 20. Taxable income

Blackboard Remaining Time: 58 minutes, 24 seconds. Question Completion Status: QUESTION 18 Use the below tables to answer problems 18, 19 and 20. Taxable income Tax Rate $0 50,000 15% 50,001 75,000 25% 75,001 100,000 34% 100,001- 335,000 39% What is the average tax rate for a firm with taxable income of $289,740? 26.68 % 39.00 % 38.70 96 30.67 % 33.22 % QUESTION 19 What is the marginal tax rate? 15% 39% 38% 30% 3396 All Ans Rema Question Completion Status: 38.70 % 30.67 96 33.22 96 QUESTION 19 What is the marginal tax rate? 15% 39% 3896 3096 33% QUESTION 20 What is the total tax that must be paid by the Firm? $96,252 $112,998 $133,998 $104,252 $121,789

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