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 %