What is the marginal tax rate and average tax rate

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Reference no: EM131570034

The SGS Co. had $182,000 in taxable income. Use the rates from Table 2.3. (Enter your answer as directed, but do not round intermediate calculations.)

Requirement 1:

What is the average tax rate?

(Round your answer to 2 decimal places (e.g., 32.16).)

Average tax rate %

Requirement 2:

What is the marginal tax rate?

Marginal tax rate %

Reference no: EM131570034

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