The before-tax MARR for a particular firm is 18 \% per year. The state income tax rate is 5 \%, and the federal income tax rate is 39 \%. State income taxes are deductible from federal taxable income. What is this firm’s after-tax MARR? (7.7)
The before-tax MARR for a particular firm is 18 \% per year. The state income tax rate is 5 \%, and the federal income tax rate is 39 \%. State income taxes are deductible from federal taxable income. What is this firm’s after-tax MARR? (7.7)