A company's before tax operating income is $1,000.

With a 35% tax rate, what is the company's after-tax operating income?

after-tax operating income = $650

Explanation:

given data

before tax operating income = $1,000

tax rate = 35%

to find out

after-tax operating income

solution

we get here after-tax operating income that is express as

after-tax operating income = before tax operating income (1 - tax rate) ... 1

put here value we get

after-tax operating income = $1000 * (1 - 35%)

after-tax operating income = $1000 * (1 - 0.35)

after-tax operating income = $1000 * 0.65

after-tax operating income = $650