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Probem 4-5 Trask Industries' EBT is $3200000. What is the marginal tax rate? What is...

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Accounting

Probem 4-5 Trask Industries' EBT is $3200000. What is the marginal tax rate? What is the average tax rate?

Earnings Before Taxes Tax Rate

0- 50,000 15%

$50001- $75000 25%

$75001- $100000 34%

$100001- $335000 39%

$335001- $10000000 34%

$10000001- $15000000 35%

$15000001- $18333333 38%

Over $18333333 35%

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