Which of the following statements related to corporate taxes is correct?
A) A company's marginal tax rate must be equal to or lower than its average tax rate
B) Additional income is taxed at a firm's average tax rate.
C) The marginal tax rate will always exceed a company's average tax rate.
D) The tax for a company is computed by multiplying the marginal tax rate times the taxable income.
E) The marginal tax rate for a company can be either higher than or equal to the average tax rate.
I know it's not E, B, A
