1 answer

The tax rate is equal to total taxes divided by total taxable income. A. deductible residual...

Question:

The tax rate is equal to total taxes divided by total taxable income. A. deductible residual total average marginal The cash

The tax rate is equal to total taxes divided by total taxable income. A. deductible residual total average marginal The cash flow of a firm which is available for distribution to the firm's creditors ang

Answers

Total taxes divided by the total taxable income
is the average tax rate.
The marginal tax rate is the tax rate on the next dollar
of income earned.
D. average.
.

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