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:

Interpersonal

Pertaining to or involving relations between people; often refers to skills in engaging and communicating with others.

Democratic

Pertaining to a system of government or organization where decisions are made by the majority or through elected representatives.

Life Span Developmental

The study of how individuals grow and change from infancy through old age, encompassing physical, cognitive, and socioemotional development.

Human Development

The process of growth and change that occurs throughout a person’s life, encompassing physical, cognitive, and socioemotional changes.