When calculating return on net operating assets, interest expense net of tax is added back...
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When calculating return on net operating assets, interest expense net of tax is added back to net income for purposes of calculating the numerator. What tax rate should be used? Below is selected information from Tricrop. Year Year Net operating assetscommon equity Net operating profit margin Income tax rate Revenuesaverage net operating assets EBITrevenues Question options: Estate tax rate Marginal tax rate Statutory federal tax rate Statutory federal tax rate plus statutory state tax rate
When calculating return on net operating assets, interest expense net of tax is added back to net income for purposes of calculating the numerator. What tax rate should be used?
Below is selected information from Tricrop.
Year Year
Net operating assetscommon equity
Net operating profit margin
Income tax rate
Revenuesaverage net operating assets
EBITrevenues
Question options:
Estate tax rate
Marginal tax rate
Statutory federal tax rate
Statutory federal tax rate plus statutory state tax rate
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