Use the following tax table to complete the lines


Use the following tax table to complete the lines below:

Sales 635,000 Costs 486,000

0 – 50,000 15%

50,001 – 75,000 25%

75,001 – 100,000 34%

100,001 – 335,000 39%

Taxable Income ___________________

Total Tax ___________________

Average Tax Rate __________________

Marginal Tax Rate __________________

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Financial Management: Use the following tax table to complete the lines
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