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Acme Manufacturing makes their preliminary economic studies using a​ before-tax MARR of 17​%.More detailed studies are performed on an​ after-tax basis. If their effective tax rate is 22​%, what is the​ after-tax MARR?

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Karabo99

Answer:

The after-tax MARR is 13.26%

Explanation:

After - tax MARR = Before tax MARR*(1 - tax rate)

                            = 17%*(1 - 22%)

                            = 13.26%

Therefore, The after-tax MARR is 13.26%

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