Question: Uuse the table to solve part a, please show all work a. Calculate the federal income tax for the year for each company b. Determine

Uuse the table to solve part a, please show all work

a. Calculate the federal income tax for the year for each company b. Determine what percentage of each company's sales revenue was paid in taxes c. Estimate the taxes using an effective rate of 34% of the entire TI. Determine the percentage error made relative to the exact taxes in part (a) TABLE 17-1 U.S. Corporate Income Tax Rate Schedule (2010) If Taxable Income (\$) is: a. Calculate the federal income tax for the year for each company b. Determine what percentage of each company's sales revenue was paid in taxes c. Estimate the taxes using an effective rate of 34% of the entire TI. Determine the percentage error made relative to the exact taxes in part (a) TABLE 17-1 U.S. Corporate Income Tax Rate Schedule (2010) If Taxable Income (\$) is

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