FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
9th Edition
ISBN: 9781119595724
Author: Kimmel
Publisher: WILEY C
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Sea Harbor, Inc. has a marginal tax rate of 35 percent and an average
tax rate of 22 percent. If the firm earns $79,500 in taxable income, how
much will it owe in taxes?
a. $10,335.
b. $16,695.
c. $17,490.
d. $27,030.
e. $27,825.
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