Answer:
I think you should add them and than subtract
Answer:
a. $295 million
Explanation:
Effective tax rate = GAAP tax / GAAP Pretax profift = 77 / 383 = 0.2010, or 20.10%.
Therefore, 2019 non-GAAP net income can be estimated as follows:
<u>Details $ in millions</u>
GAAP Pretax Profit 383
Stock-based compensation expense (12)
Restructuring expenses (7)
Gain on sale <u> 5 </u>
Non GAAP Pretax Profit 369
Taxes (20.10% * 369) <u> (74) </u>
Non-GAAP net income <u> 295 </u>
Answer:
Profit
Explanation:
Profit goals is very essential in business in order to meet the set target. It is important to set a profit goals under to have a good returns for the business as well as the investors involved, it gives an insight to device the best strategy for great returns financially. theoretically, profit goals= summation of all sales / Units of sales
It should be noted that Seeking to obtain as high a financial return on their investments (ROI) as possible, firms will often set profit goals.
Increase capital markets equal access to capital, and operate in competitive product and capital markets. under these conditionthen firms