Effective tax rate and Efficiency ratio: Difference between pages

Latest revision as of 10:02, 2 February 2019

Financial ratio analysis.

Abbreviation for Management efficiency ratio.

A financial ratio designed to measure the efficiency of management in controlling the working capital or other resources used by the business.

For example, the inventory turnover ratio.

Also known as an activity ratio.

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-An accounting measure, calculated by dividing the net tax charge reported in the income statement by the related profit before tax.  The effective tax rate will usually differ from the standard corporate rate of tax.
+''Financial ratio analysis.''
+Abbreviation for Management efficiency ratio.
+A financial ratio designed to measure the efficiency of management in controlling the working capital or other resources used by the business.
+For example, the inventory turnover ratio.
+Also known as an activity ratio.
-The quantified explanation of the differences between the effective tax rate and the standard corporate rate of tax is known as a tax reconciliation statement. (Often abbreviated to 'tax rec'.)
 == See also ==
-* [[FRS 19]]
+* [[Asset turnover]]
-* [[Income statement]]
+* [[Inventory turnover ratio]]
-* [[Profit before interest and tax]]
+* [[Non-current asset turnover]]
-* [[Tax reconciliation]]
+* [[Working capital]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]