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Author Question: The marginal tax rate can be calculated by which of the following formulas? A) the change in ... (Read 75 times)

asmith134

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The marginal tax rate can be calculated by which of the following formulas?
 
  A) the change in taxes due divided by the change in taxable income
  B) the change in taxable income divided by the change in taxes due
  C) total taxes due divided by total taxable income
  D) total taxable income divided by total taxes due

Question 2

The average tax rate can be calculated by which of the following formulas?
 
  A) the change in taxes due divided by the change in taxable income
  B) the change in taxable income divided by the change in taxes due
  C) total taxes due divided by total taxable income
  D) total taxable income divided by total taxes due



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atrochim

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Answer to Question 1

A

Answer to Question 2

C




asmith134

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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