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Business, 23.04.2021 15:50 cardsqueen

Divisions of Doubleday Computers and Merritt-Douglas Computing make competing products for the commercial IT market worldwide. Following are the data for each company: DoubledayM-DSales, $2.8 million4.4 millionOther revenue, $900,000250,000Expenses, $1.4 million2.2 millionDepreciation, $850,000970,000Total of state and local tax rate, %8.37.5Average federal tax rate, !21 Determine the effective total tax rate Te for Doubleday. The effective total tax rate Te for Doubleday is

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