The tax rates are as shown. Your firm currently has taxable income of $130,013. What is your firm's average tax rate? Taxable Income $0-50,000 50,00175,000 O 34% 75,001 100,000 O 18.75% 100,001 335,000 O 19.31% O 26.12% - Tax Rate 15% 25% 34% 39%
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- Given the information below, what is the marginal tax rate if a firm has taxable income of $160,000? Taxable Income Tax Rate 0- 50,000 15% 50,001- 75,000 25% 75,001- 100,000 34% 100,001- 335,000 39%The tax rates for a particular year are shown below: $0 - 50,000 Taxable Income Tax Rate 15 % 25 % 34 % 50,00175,000 75,001 100,000 - 100,001 - 335,000 39 % What is the average tax rate for a firm with taxable income of $125,013? (enter just the numbers. e.g., enter 15.56% as 15.56.)The tax rates are as shown below: Taxable Income Tax Rate $ 0 - 50,000 15 % 50,001 - 75,000 25 % 75,001 - 100,000 34 % 100,001 - 335, 000 39 % Your firm currently has taxable income of $81,600. How much additional tax will you owe if you increase your taxable income by $22, 800 ?
- The tax rates for a particular year are shown below: Taxable Income $0 - 50,000 50,00175,000 75,001 100,000 100,001 335,000 What is the average tax rate for a firm with taxable income of $155,456? 25.92% 20.88% 28.41% 39.00% Tax Rate 15% 25% 34% 39% 28.23%Given this tax table, what is the average tax rate for a firm with taxable income of $160,000? Taxable Income Tax Rate 0- 50,000 15% 50,001- 75,000 25% 75,001- 100,000 34% 100,001- 335,000 39%The tax rates for a particular year are shown below: Taxable Income Tax Rate $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% What is the average tax rate for a firm with taxable income of $128,013?
- Given the tax rates as shown, what is the marginal and average tax rates for a firm with taxable income of $102,000? Taxable Income Tax Rate $0-50,000 15% $50,001-75,000 25% $75,001-100,000 34% $100,001-335,000 39%The tax rates are as shown below: Taxable Income Tax Rate 50,000 15% $0 50,001 75,000 25% 75,001 100,000 34% 100,001 335,000 39% Your firm currently has taxable income of $80,900. How much additional tax will you owe if you increase your taxable income by $22,100? Multiple Choice O O O $8,619 $7,284 $7,664 $7,274 $7,5141) Suppose your firm earns $9 million in taxable income.What is the firm's tax liability?What is the average tax rate?What is the marginal tax rate? 50,000 15%50,001 - 75,000 25%75,001- 100,000. 34%100,001-335,000 39%335,001-10,000,000 34%10,000,001-15,000,000. 35%15,000,001-18,333,333 38%18,333,334- 34% ....................................... 2) Entity X earns 6 $ per share. If the discount rate or equity cost to be applied by the company is 20% and the investment profitability is 16%;a) According to the Walter formula, what would the price of shares be in $ if the business had distributed 50% profit? b) According to Walter, is this the optimum rate of dividend distribution? Explain
- Example: Marginal Vs. Average Rates Suppose your firm earns $4 million in taxable income. What is the firm's tax liability? ● ● What is the average tax rate? What is the marginal tax rate? 50,000*0.15 25,000*0.25 25000*0.34 235000*0.39 (4,000,000-335,000) *0.34 Total tax liability Average tax rate Marginal tax rate 7,500 6,250 8,500 91,650 1,246,100 1,360,000 If f you are considering a project that will increase the firm's taxable income by $1 million, what tax rate should you use in your analysis? Is it marginal or average tax rate that is normally relevant for financial decision making? 34% 34%Z (Corporate income tax) Meyer Inc. has taxable income (earnings before taxes) of $319,000. Calculate Meyer's federal income tax liability using the tax table shown in the popup window: What are the firm's average and marginal tax rates? The firm's tax liability for the year is $. (Round to the nearest dollar.) 2 30 F2 W S Data table iple X भ command Taxable Income $0-$50,000 $50,001-$75,000 $75,001-$100,000 $100,001-$335,000 39% $335,001-$10,000,000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% 35% Over $18,333,333 (Click on the icon in order to copy its contents into a spreadsheet.) # 3 Get more help - 80 E D $ 4 C 000 000 F4 R Print F % 5 Marginal Tax Rate 15% 25% 34% V F5 T Done G MacBook Air A 6 P F6 B Y & 7 H 44 F7 U N X 00 * 8 J DII FB 1 1 M 9 K MOSISO BB F9 O 1 O < I H L F10 Clear all P 11 • V command : ; FIX { + + 11 Check answer = 1 ? option 14 1 F12 } 1 A delete 1Based on the information provided, answer the following questions: A. A firm has a taxable income of $16.2 million, its marginal tax rate is? B. A firm has a taxable income of $16.2 million, its average tax rate is?
