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If Susie earns $786,000 in taxable income and files as head of household for year 2023, what is Susie's average tax rate? (Use tax rate schedule) Note: Do not round intermediate calculations. Round your final answer to two decimal places. Multiple Choice 3175 percent 32.09 percent 35.00 percent 3700 percent None of the choices are correct

If Susie earns $786,000 in taxable income and files as head of household for year 2023, what is Susie's average tax rate? (Use tax rate schedule) Note: Do not round intermediate calculations. Round your final answer to two decimal places. Multiple Choice 3175 percent 32.09 percent 35.00 percent 3700 percent None of the choices are correct

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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If Susie earns $786,000 in taxable income and files as head of household for year 2023, what is Susie's average tax rate? (Use tax rate schedule) Note: Do not round intermediate calculations. Round your final answer to two decimal places. Multiple Choice 31.75 percent 32.09 percent 35.00 percent 37.00 percent None of the choices are correct.
Transcribed Image Text:If Susie earns $786,000 in taxable income and files as head of household for year 2023, what is Susie's average tax rate? (Use tax rate schedule) Note: Do not round intermediate calculations. Round your final answer to two decimal places. Multiple Choice 31.75 percent 32.09 percent 35.00 percent 37.00 percent None of the choices are correct.
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