Provide a trend analysis for income taxes ratios. What does it mean when a company's income taxes ratios increase over the years?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Provide a trend analysis for income taxes ratios. What does it mean when a company's income taxes ratios increase over the years?

 

 

 

84
85
86
87 Taxes
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
04
05
06
07
Income
08
09
10
1998
3%
1999
6%
5%
4%
3%
2%
1%
0%
3%
3%
2000
3%
4%
1998 1999
2001
4%
2000
3%
2002
3%
4%
Income Taxes
4%
2003
4%
4%
4%
2004
4%
5%
2005
5%
5%
4%
2006
2001 2002 2003 2004 2005 2006 2007
5%
2007
4%
Transcribed Image Text:84 85 86 87 Taxes 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 Income 08 09 10 1998 3% 1999 6% 5% 4% 3% 2% 1% 0% 3% 3% 2000 3% 4% 1998 1999 2001 4% 2000 3% 2002 3% 4% Income Taxes 4% 2003 4% 4% 4% 2004 4% 5% 2005 5% 5% 4% 2006 2001 2002 2003 2004 2005 2006 2007 5% 2007 4%
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