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标题: Bonnie Dubois- after tax vs before tax [打印本页]

作者: pawn    时间: 2011-7-11 18:57     标题: Bonnie Dubois- after tax vs before tax

Please refer to Schweser Book 1 P211.

Dubois needs $90000 AFTER taxes have been deducted. Why then is 4.5% the before tax return?

Im sure this has been answered before, but I searched and cant find anything recent.
作者: IAmNeil    时间: 2011-7-11 18:57

spartan1 Wrote:
-------------------------------------------------------
> Please refer to Schweser Book 1 P211.
>
> Dubois needs $90000 AFTER taxes have been
> deducted. Why then is 4.5% the before tax return?
>
> Im sure this has been answered before, but I
> searched and cant find anything recent.


The text states that 90,000 (60,000+30,000) is before tax




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