Question: Given the tax rates as shown, what is the average tax rate for a firm with taxable income of OMR 230,000? Taxable Income $0- 50,000

Given the tax rates as shown, what is the average tax rate for a firm with taxable income of OMR 230,000? Taxable Income $0- 50,000 tax rate15% 50,001 - 75,000 Tax rate 25% 75,001 - 100,000 tax rate 34% 100,001 - 335,000 tax rats 39

Select one: a. 33.92 percent O b. 34.07 percent c 39.00 percent d.31.02 percent O e. 31.17 percent

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