If we know the ________ and the EBIT,we can estimate the taxes for a project for the year.
A)MACRS percentage
B)sunk costs
C)tax rate
D)salvage value

Question

Quizplus · Accepted Answer

The tax rate is necessary for calculating taxes for a project for the year, as taxes are typically calculated as a percentage of earnings before interest and taxes (EBIT). The MACRS percentage is used for calculating depreciation expenses, while sunk costs and salvage value are not relevant for estimating taxes.

If We Know the ________ and the EBIT,we Can Estimate