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pompa pompa
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7 years ago
The tax liability of a corporation with ordinary income of $1,500,000 is ________.
   Range of taxable income   Marginal rate

   $     0   to   $   50,000   15%
   50,000    to    75,000   25
   75,000    to    100,000   34
   100,000    to    335,000   39
   335,000   to   10,000,000   34
   10,000,000    to   15,000,000   35
A) $498,250
B) $510,000
C) $585,000
D) $690,000
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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Posts: 1013
7 years ago
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