Question: can someone please explain how to get this answer? i am very confused. thanks 13. A corporate firm paying taxes in the Unites States has

can someone please explain how to get this answer? i am very confused. thanks

13. A corporate firm paying taxes in the Unites States has a taxable income of $1,750,000, a tax expense of $385,000 and earnings before interest and tax of $2,000,000. The firm will have a marginal tax rate of 22%. False

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