Mattel inc.'s 2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,022 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. assume mattel’s statutory tax rate for 2016 is 37%. mattel's 2016 tax shield is: select one: a. $ 68,979 thousand b. $ 40,512 thousand c. $277,510 thousand d. $186,460 thousand e. none of the above
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Ответ:
22.4%
Effective tax rate = Provision for income taxes / Income before tax
= $91,720 / ($318,022 + $91,720)
= 22.4%
Explanation:
Ответ: