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?

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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