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Home Q & A Board Other Fields Homework Help Business Management
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betterway betterway
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7 years ago
The tax liability of a corporation with ordinary income of $1,100,000 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) $362,250
B) $340,000
C) $374,000
D) $390,000
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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betterway Author
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Helped a lot
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