For a Corporation in the 25 Percent Marginal Tax Bracket

question 93

Multiple Choice

For a corporation in the 25 percent marginal tax bracket that incurs $70.00 in labour and materials expense, plus $15.00 in depreciation expense while generating an incremental revenue of $100, tax liability will increase by:

• A)$3.75
• B)$7.50
• C)$13.75
• D)$25.00

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