The tax-management efficiency ratio consists of:
A)total tax liabilities over net income.
B)tax-exempt assets over taxable assets.
C)net income over pre-tax net operating income.
D)taxes owed over total liabilities of a bank.
E)None of the options is correct.

Question

Quizplus · Accepted Answer

The tax-management efficiency ratio is calculated by dividing net income by pre-tax net operating income. This ratio helps in understanding how well a company is managing its tax obligations relative to its operating income before taxes.

The Tax-Management Efficiency Ratio Consists Of