Business
Business, 13.02.2020 21:44, kelechikamalu1

Mattel Inc.’s 2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,022 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. Assume Mattel’s statutory tax rate for 2016 is 37%.

-Mattel’s 2016 effective tax rate is:

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