Provide a trend analysis for income taxes ratios. What does it mean when a company's income taxes ratios increase over the years? 84858687 Taxes8889909192939495969798990001020304050607Income08091019983%19996%5%4%3%2%1%0%3%3%20003%4%1998 199920014%20003%20023%4%Income Taxes4%20034%4%4%20044%5%20055%5%4%20062001 2002 2003 2004 2005 2006 20075%20074%

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Provide a trend analysis for income taxes ratios. What does it mean when a company's income taxes ratios increase over the years?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Provide a trend analysis for income taxes ratios. What does it mean when a company's income taxes ratios increase over the years?

84
85
86
87 Taxes
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
04
05
06
07
Income
08
09
10
1998
3%
1999
6%
5%
4%
3%
2%
1%
0%
3%
3%
2000
3%
4%
1998 1999
2001
4%
2000
3%
2002
3%
4%
Income Taxes
4%
2003
4%
4%
4%
2004
4%
5%
2005
5%
5%
4%
2006
2001 2002 2003 2004 2005 2006 2007
5%
2007
4%

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