What is the average tax rate and marginal tax rate

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Reference no: EM131819728

The SGS Co. had $212,000 in taxable income. Use the rates from Table 2.3. What is the average tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Average tax rate % What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.) Marginal tax rate %

Reference no: EM131819728

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