The firm's ____________ is used to calculate NOPAT because the profits from a project are assumed to be incremental to the firm.
A) average tax rate
B) marginal tax rate
C) lowest marginal tax rate
D) none of the above
Answer: B
The firm's ____________ is used to calculate NOPAT because the profits from a project are assumed to be incremental to the firm.
A) average tax rate
B) marginal tax rate
C) lowest marginal tax rate
D) none of the above
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.