Multiple Choice
After-tax 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:
Verified
Correct Answer:
Verified
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