Which formula represents the calculation of a companys effective tax rate? a. Income taxes paid / Taxable

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Which formula represents the calculation of a company’s effective tax rate?

a. Income taxes paid / Taxable income.

b. Income taxes paid / Pretax income from continuing operations.

c. Income tax provision / Taxable income.

d. Income tax provision / Pretax income from continuing operations.

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Taxation Of Business Entities 2018 Edition

ISBN: 9781260174441

9th Edition

Authors: Brian C. Spilker, Benjamin C. Ayers, John A. Barrick, Edmund Outslay, John Robinson, Connie Weaver Ronald G. Worsham

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