The Formula for Converting Desired Net Income into Operating Income

question 84

Multiple Choice

The formula for converting desired net income into operating income is

• A)Desired net income times the income tax rate.
• B)Desire net income divided by the income tax rate.
• C)Desired net income divided by 1- tax rate.
• D)Desired net income divided by 1+ tax rate.

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Definitions:

Social Innovation School

Educational institutions or programs that focus on teaching methods and strategies for solving social problems through innovative solutions.

Disruptive Forces

Elements or innovations that radically change industry patterns, market activities, or the way businesses operate.

Social Entrepreneurs

Individuals who pursue innovative solutions to social problems through entrepreneurial principles, often focusing on creating social capital rather than profits.

Civic Service

Work or activities performed for the benefit of the community or its institutions.