When calculating return on net operating assets, interest expense net of tax is added back to net income for purposes of calculating the numerator. what tax rate should be used? below is selected information from tricrop.?
contributions made after 1986. after-tax contributions to employer plans made after 1986 are recovered pro rata with taxable amounts. the remaining $80,000 is from pre-tax contributions, employer matching dollars, and earnings on those amounts.
the producer uses money to produce more objects. where as the consumer uses his money to buy things that he needs.
producer has more money to spend then consumer.