(Answered) The stefani co had 288000 in taxable incometaxable income

Finance

The Stefani Co. had $288,000 in taxable income.

Taxable Income Tax Rate

$ 0- 50,000 15%

50,001- 75,000 25

75,002- 100,000 34

100,001- 335,000 39

335,001- 10,000,000 34

10,000,001- 15,000,000 35

15,000,001- 18,333,333 38

18,333,334+ 35

Table%202.3.JPG

Calculate the company's income taxes.
What is the average tax rate?
What is the marginal tax rate?

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