Income tax expense affects assessments of profitability as much as any other expense. A common ratio for analyzing the effect of income taxes on profitability is the _____ rate, equal to income tax expense divided by financial reporting income before income taxes:

a. marginal tax
b. effective tax
c. tax burden
d. statutory
e. average


B

Business

You might also like to view...

Which sentence is correct?

A) A good way for a student to save money is to buy their books online. B) A good way for a student to save money is to buy his books online. C) A good way for a student to save money is to buy her books online. D) A good way for a student to save money is to buy its books online. E) None of the above.

Business

A system that works very well with JIT to save time and money by analyzing and projecting materials needs is ______________________________ planning.

Fill in the blank(s) with the appropriate word(s).

Business

DeLouis owns an agency that specializes in bringing international buyers in contact with U.S. companies to facilitate global trade.  What type of intermediary is DeLouis?

A. buyer for export B. export broker C. license agent D. import agent E. export agent

Business

A ________ relationship is a relationship between instances of two entity types and is the most common type of relationship encountered in data modeling

A) Secondary B) Binary C) Primary D) Ternary

Business