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Note 8 - Federal, State and Local Income Taxes - Effective Income Tax Rate Reconciliation (Details)
9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
U.S. statutory federal tax rate 21.00% 21.00%
State and local income taxes, net of federal income tax benefit 6.20% 3.45%
Effect of dividends received deductions (0.20%) (0.25%)
Other, net 0.05%
Effective income tax rate 27.05% 24.20%