What is return on investment? What are some of the types of measures for return on investment?
Question:
Why is the interest multiplied by (1 TaxRate)?
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Net Income Before Noncontrolling Interest and Nonrecurring ltems + (Interest Expense) × (1-Tax Rate) Average (Long-Term Debt Equity)
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Return on investment is a profitability measure comparing income to capital utilized ...View the full answer
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Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
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