Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Our platform offers a seamless experience for finding reliable answers from a network of experienced professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Assume that the marginal tax rate is as follows: 10% for $0-$10,000; 15% for $10,000.01-$25,000; 20% for $25,000.01-$50,000; and 25% for $50,000.01 or more. Next, assume a business has an EBIT of $10,100 and an interest expense of $0. What would you expect the average tax rate on the ROA to be

Sagot :

Answer:

e, 10.15%

Explanation:

The computation of the average tax rate on the ROA is shown below

Given that the business has an EBIT of $10,100 and the interest expense is $0

So based on the given options, we can say that the expected average tax rate on the ROA is 10.15%

Therefore, the option e is correct

And, the same would be considered and relevant

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.