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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 12: Financial Statement Analysis
  5. Question
    The Appropriate Tax Rate to Use in the Return on Assets
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The Appropriate Tax Rate to Use in the Return on Assets

Question 24

Question 24

True/False

The appropriate tax rate to use in the return on assets formula is a company's average tax rate.

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