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After-Tax Net Income Can Be Calculated as Follows

Question 66

Multiple Choice

After-tax net income can be calculated as follows:


A) After-tax income = Pretax income * Tax rate
B) After-tax income = Pretax income / (1 - Tax rate)
C) After-tax income = Pretax income * (1 + Tax rate)
D) After-tax income = Pretax income * (1 - Tax rate)

Correct Answer:

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