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mantparn mantparn
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Posts: 1904
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7 years ago
The average tax rate paid on the firm's ordinary income can be calculated by dividing its taxes by its taxable income.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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mantparn Author
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6 years ago
Thanks for the assistance, I've marked your post as best answer
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