Assume tax increases by 10, how will this impact financial statements? I was a bit surprised by that question since Tax increase would usually mean two things, either tax rate increase or increase in revenue.
Assume a tax increase, wouldn't it just decrease NI and Cash & Cash Equivalents by 10, and then decrease retained earnings by 10 (assmuing the divident payout stays the same).
| +196 | Why UBS Is the Worst Place to Start Your IB Career | 32 | 9h |
| +159 | ONLY THESE BANKS OR YOU STRUCK OUT | 39 | 16h |
| +65 | Firm Thinks I'm Lying About Offer | 20 | 15h |
| +58 | Indiana University Fraternity Pipelines | 35 | 7h |
| +40 | Rogo AI | 20 | 3h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 1d |
| +38 | Elite Boutique interview questions | 10 | 4h |
| +36 | Suspended for a Year | 19 | 26m |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 16 | 2h |
| +22 | Is there anything worse than having no work? | 8 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Nemo odio omnis placeat id. Vel nobis voluptas ex placeat. Unde veritatis consequuntur enim. Officiis nisi odio dolorem animi dolor. Nam dolorem dolorem doloremque inventore et esse.
Beatae consequatur corrupti accusantium ea eos. Quasi in numquam non et. Perferendis quisquam voluptate earum consequatur dolorem consequatur omnis expedita.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...