First of all we're talking about 2009 where net earning were 19.2b not 31.4 Second, 80% of their earnings came from overseas where they paid most of the their income taxes.
After tax profit was 6.2% So: 19.2 b * .2 = 3,856,000,000 500,000,000 / 3,856,000,000 = .129688 = 12.9% . On Wed, Apr 20, 2011 at 6:49 PM, Casey Dougall <[email protected]> wrote: > > On Wed, Apr 20, 2011 at 6:44 PM, Sam <[email protected]> wrote: > >> >> They actually paid 40% >> >> Nice bevnap math though. >> >> > 500,000,000 / 31,400,000,000 * 100 = 1.592356687898089 > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336595 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
