What is the effective tax rate expressed as a percentage if the decimal is 0.0255?

To determine the effective tax rate from the decimal 0.0255, you need to convert the decimal into a percentage. This is done by multiplying the decimal by 100.

Calculating 0.0255 multiplied by 100 gives you 2.55. Therefore, when expressed as a percentage, 0.0255 translates to 2.55%. This is the effective tax rate in this context.

Understanding the conversion process from decimal to percentage is crucial, as it is a fundamental operation in finance and taxation. Knowing how to accurately perform this conversion enables you to interpret various financial metrics correctly.