#379 Suppose a firm have a taxrate of 35%

Suppose a firm have a taxrate of 35% - Business Statistics

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Suppose a firm have a taxrate of 35%, what effect will 10 million dollar operating expensehave on this year's earning? What effect would it have on nextyear's earnings?

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Free Chegg Answer

Given Information:

                                Tax Rate    = 35%

                                 OperatingExpenses = 10 million dollar

                  Income Tax is not a part of Operating expenses. So that itwill not effect this year's earnings and next year's earningsalso.