If the Tax Rate Is T, It Is Possible to Calculate

question 158

Multiple Choice

If the tax rate is t, it is possible to calculate planned operating income by

• A)dividing net operating income by t.
• B)dividing net operating income by 1 - t.
• C)multiplying net operating income by t.
• D)multiplying net operating income by 1 - t.
• E)dividing net operating income by t - 1.

---

Definitions:

Unsecured Loans

Loans that are issued and supported only by the borrower's creditworthiness, rather than by any type of collateral.