Business
Business, 16.12.2019 19:31, applesass

In fiscal 2016, snap-on inc. reported a statutory tax rate of 35%, an effective tax rate of 30.5%. income before income tax for 2016 was $801.4 million. what did snap-on report as tax expense (on its income statement) in 2016? a. $166.7 million b. $170.0 million c. $244.4 million d. $184.7 million e. none of the above

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In fiscal 2016, snap-on inc. reported a statutory tax rate of 35%, an effective tax rate of 30.5%. i...

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