Which of the following is correct regarding the implication of taxes on profits?

a. Before–tax profit = After–tax profit × (tax rate ? 1)
b. After–tax profit = Before–tax profit × (tax rate ? 1)
c. After–tax profit = Before–tax profit × (1 ? tax rate)
d. Before–tax profit = After– tax profit × (1 ? tax rate)


c

Business

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Companies that are in the forefront of web-based e-commerce maintain their original websites in the de facto international language.

Answer the following statement true (T) or false (F)

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_________________________ occurs when a specific file is reproduced for each user who needs access to the file

Fill in the blank(s) with correct word

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A sample of positive confirmations is mailed for material accounts receivable balances. Frequently there is a lack of response. Which of the following is not an acceptable alternative procedure?

a. Reviewing collections on the account subsequent to the confirmation date. b. Inquiry of management. c. Mailing second and third confirmations. d. Examination of supporting documents.

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major reason we get distracted and lose our ability to pay attention is the separation of the use of our ______.

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Business