Business College

If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?

Answers

Answer 1

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

Related Questions

Market power is_____________

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Description
Market power refers to the ability of a firm (or group of firms) to raise and maintain price above the level that would prevail under competition is referred to as market or monopoly power. The exercise of market power leads to reduced output and loss of economic welfare.
The level of influence that a company has on determining market price, either for a specific product or generally within its industry.

I NEED HELP!! THIS IS SO CONFUSING!!

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Explanation:

AD decreas price level increases and real GDP increase

The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated financial statements because:_______

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Answer:

The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated financial statements because:

- usually from a consolidated statements, transactions with outside parties are only reflected.

- usually from a consolidated perspective, there is neither a sale nor a purchase has occurred.

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