The tax rate on operating profit was 1939 the 2013 income


In fiscal 2013, Microsoft Corp. reported a statutory tax rate of 35.00% and an effective tax rate of approximately 19.18 %. The tax rate on operating profit was 19.39%. The 2013 income statement reported income tax expense of $5,189 million. What did Microsoft report as income before income tax expense that year?

A) $14,826 million

B) $28,071 million

C) $27,054 million

D) $ 7,571 million

E) None of the above

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Accounting Basics: The tax rate on operating profit was 1939 the 2013 income
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