If taxableincome isOf theA tax rate schedule isgiven in the table. If xequals taxable incomeand y equals the taxdue, construct a functiony = f(x) for the taxschedule.The tax isthisBut notPlusthis %excessoveroveramountover7,55030,7007,55030,70074,3000.00755.00 +74.300 4,227.50 +14.691.5010%15%24%31%7,55030.70074,300+0.1xif 0 74,300

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Description: If taxableincome isOf theA tax rate schedule isgiven in the table. If xequals taxable incomeand y equals the taxdue, construct a functiony = f(x) for the taxschedule.The tax isthisBut notPlusthis %excessoveroveramountover7,55030,7007,55030,70074,300

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Of the If taxable income is The tax is this A tax rate schedule is But not Plus given in the table. If x equals taxable income and y equals the tax due, construct a function y = f(x) for the tax schedule. excess over this % over amount over 7,550 7,550 30,700 0.00 + 755.00 + 30,700 74,300 4,227.50 + 14,691.50 + 10% 7,550 15% 24% 30,700 31% 74,300 74,300 ( 0.1x if 074,300

Of the If taxable income is The tax is this A tax rate schedule is But not Plus given in the table. If x equals taxable income and y equals the tax due, construct a function y = f(x) for the tax schedule. excess over this % over amount over 7,550 7,550 30,700 0.00 + 755.00 + 30,700 74,300 4,227.50 + 14,691.50 + 10% 7,550 15% 24% 30,700 31% 74,300 74,300 ( 0.1x if 074,300

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter14: Taxes On The Financial Statements

Section: Chapter Questions

Problem 40P

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K A tax rate schedule is given in the table. If x equals taxable income and y equals the tax due, construct a function y = f(x) for the tax schedule. f(x) = 0.11x +(x-D ☐+(×-D) If taxable income is over But not over 0 8,000 30,700 74,300 74,300 The tax is this amount 0.00 + 8,000 30,700 880.00 + 4,512.00 + 14,976.00 + if 0 74,300 Plus this % 11% 16% 24% 31% Of the excess over 0 8,000 30,700 74,300
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