Answer:
in my best defence, the answer is 22
Explanation:
Answer:
The correct answer is: Equal to the taxes paid divided by taxable income.
Explanation:
The effective tax rate is the ratio of the total tax burden of an individual and their taxable income. It is considered as a better representative of the tax burden of an individual than the marginal tax rate.
It shows the average rate at which an individual's income and assets are taxed. The effective tax rate of an individual is lower than the marginal tax rate.
To calculate the effective tax rate, the individuals can add their total tax burden and divide the sum by their taxable income. It represents the percentage of taxable income that an individual has to pay as taxes.
Answer:
a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private
Explanation:
In a leveraged buyout, a firm is acquired using debt. The assets of the company are usually used as a collateral for the loans used a leverage buyout.
I hope my answer helps you
Answer:
The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.
Explanation:
