If the state tax rate is 20% and the federal tax rate is 30%, what is the total effective tax rate? a. 34% b. 50% c. 44% d. 37%
If the state tax rate is 20% and the federal tax rate is 30%, what is the total effective tax rate? a. 34% b. 50% c. 44% d. 37%
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 12MC: The cost of equity is _______. A. the interest associated with debt B. the rate of return required...
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If the state tax rate is 20% and the federal tax rate is 30%, what is the total effective tax rate?
a. 34%
b. 50%
c. 44%
d. 37%
2. Holding all other variables constant, which of the following would increase return on equity? An increase in _____________.a. the tax rateb. the equity ratio (equity/total assets)c. total assetsd. total asset turnover
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