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Company B has $40,000 less Profit before tax than Company A If tax rate(t)=30% The difference between their Profit after tax = Difference(1-t) =40000(1-0.7) =40000(0.3) =12000 SOMEONE PLEASE TELL ME WHAT IS THE LOGIC/EXPLAINATION BEHIND “(1-t)”
I’m struggling with probability, and I need handwritten notes for better understanding, please help with the same…
