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Determine the single-value effective tax rate for a corporation that has a federal tax rate of 39% and a state tax rate of 10%. The single value effective tax rate, (in %) Round to the nearest one (1) decimal places Add your answer

Determine the single-value effective tax rate for a corporation that has a federal tax rate of 39% and a state tax rate of 10%. The single value effective tax rate, (in %) Round to the nearest one (1) decimal places Add your answer

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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2abc. Help me answer the given question. Do not round off answers while solving, instead just the final answer will be rounded off to one decimal places.

 

Determine the single-value effective tax rate for a corporation that has a federal tax rate of 39% and a state tax rate of 10%. The single value effective tax rate, (in %) Round to the nearest one (1) decimal places Add your answer
Transcribed Image Text:Determine the single-value effective tax rate for a corporation that has a federal tax rate of 39% and a state tax rate of 10%. The single value effective tax rate, (in %) Round to the nearest one (1) decimal places Add your answer
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