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:
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> 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