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Finance
Income Tax
Calculation of Income Tax
Which of the following is the solution for income tax deducted on earnings of $1,000 with a tax rate of 24%?(1 point)
Responses
$24
$24
$760
$760
$976
$976
$240
1 answer
The solution for income tax deducted on earnings of $1,000 with a tax rate of 24% is $240.
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