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If the tax rate is t , it is possible to calculate planned operating income by: A) dividing net operating income by t B) dividing

If the tax rate is t, it is possible to calculate planned operating income by:

A) dividing net operating income by t

B) dividing net operating income by 1- t

C) multiplying net operating income by t

D) multiplying net operating income by 1- t

Explain.

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