Taxes payable is a better measure of a companies performance than the profit after accounting tax figures

Question

Quizplus · Accepted Answer

Taxes payable is a part of the profit after accounting tax figures and does not provide a complete picture of a company's performance. Profit after tax takes into account various expenses and revenue streams. It is a more holistic measure of a company's profitability and financial health.

Taxes Payable Is a Better Measure of a Companies Performance