Engineering Economy, Student Value Edition (17th Edition)
17th Edition
ISBN: 9780134838137
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 7, Problem 76FE
If the federal income tax rate is 35% and the state tax rate is 5% (and state taxes are deductible from federal taxes), the effective income tax rate is
- a. 35%
- b. 37.5%
- c. 38.3%
- d. 40%
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Chapter 7 Solutions
Engineering Economy, Student Value Edition (17th Edition)
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