What is the effective tax rate, Accounting Basics

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What is the effective tax rate

The kammerling Corporation has $250,000 of taxable income.it distributes $100,000 of that income as dividen to ist sole shareholders whoseother income puts him in the 35 percent marginal tax bracket. What is the effective tax rate on the $250,000 taxable income?

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Accounting Basics: What is the effective tax rate

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Accounting Basics: What is the effective tax rate

Reference No:- TGS073891

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the effective tax rate

Reference No:- TGS073891

Recent Questions Asked Accounting Basics

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