1. Kerney's EBT is $450,000. What is the marginal tax rate? Before-Tax Income (EBT) Tax...

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Accounting

1. Kerney's EBT is $450,000. What is the marginal tax rate?

Before-Tax Income (EBT) Tax Rate

$0 - $50,000 15%

$50,001 - $75,000 25%

$75,001 - $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%

Over $18,333,333 35%

A) 15%

B) 25%

C) 34%

D) 35%

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