On the exercise 37.5, the 30% tax rate is a rate of what?
Hello Marta,
The 30% tax rate referred on the exercise is a tax on profit, meaning, assuming that the company pays a 30% tax on its profits (after discounting variable and fixed costs to its revenues)
Good study!
The 30% tax rate referred on the exercise is a tax on profit, meaning, assuming that the company pays a 30% tax on its profits (after discounting variable and fixed costs to its revenues)
Good study!