Your company generated 30 million in revenue for 2014 and, Financial Management

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Your company generated 30 million in revenue for 2014 and

Your company generated $3.0 million in revenue for 2014 and incurred $2.35 million in expenses.

a. How much Federal tax due you owe? ________________________________

b. What is your average tax rate? ______________________________________

c.What is your marginal tax rate? _____________________________________

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Financial Management: Your company generated 30 million in revenue for 2014 and

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Financial Management: Your company generated 30 million in revenue for 2014 and

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