Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng

تمرين 5

Estimated effective annual tax rate for various fact situations. The following data represent the accounting results for the year ended December 31, 2013, for four different manufacturing corporations. The effective tax rates were as follows: 30% for 2011, 32% for 2012, and 40% for 2013 and thereafter.