Determine the single-value effective tax rate for a corporation that has a federal tax rate of 35% and state tax rate of 7%.
What will be an ideal response?
Te = 0.07 + (1 – 0.07)(0.35)
= 0.3955 (39.55%)
Trades & Technology
You might also like to view...
Cooling Tower
Trades & Technology
Which of the following images is the best example of repetition and rhythm?
Trades & Technology
The largest load is the ____________________ motor, which draws a good deal of current from the battery. This is why battery cables are as large as they are.
Fill in the blank(s) with the appropriate word(s).
Trades & Technology
Bristle feather are found _____
a. on the wings b. on the head and around the eyes and nares c. close to the body to provide warmth d. under the contour feathers and under the down feathers
Trades & Technology