Benchmarking Is the Comparison of a Company's Current Year Results

question 30

True/False

Benchmarking is the comparison of a company's current year results with an earlier year's performance.

---

Definitions:

Non-Eligible Dividends

Dividends that are paid out by a company from earnings that are not subject to the preferential tax treatment as eligible dividends in some jurisdictions.

Average Tax Rate

The proportion of total taxable income that an individual or entity pays in taxes, calculated by dividing the total tax paid by the total taxable income.

Capital Gains

Capital gains are the profits realized from the sale of assets such as stocks, bonds, or real estate, which exceed the purchase price.

Non-Eligible Dividends

Dividends that are paid out by a company from earnings that have not been taxed at the general corporate tax rate.