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The Return on Assets Ratio Usually Is Computed As

question 97

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The return on assets ratio usually is computed as:

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicative of their highest tax bracket.

Average Tax Rate

The proportion of total income paid in taxes, calculated by dividing the total amount of taxes paid by total income.

Tax Rate Schedules

These are charts provided by the IRS that determine the amount of tax to be paid by individuals, corporations, and other entities based on their income level.

Tax Tables

Charts provided by the IRS to help taxpayers determine how much income tax they owe based on their income level and filing status.

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