Pearson eText for Engineering Economy -- Instant Access (Pearson+)
17th Edition
ISBN: 9780137533138
Author: William Sullivan, Elin Wicks
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
Pearson eText for Engineering Economy -- Instant Access (Pearson+)
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