Calculate the individual after-tax cash flow effect of each of the following relevant items, assuming the income

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Calculate the individual after-tax cash flow effect of each of the following relevant items, assuming the income tax rate is 30%:

a. Cash revenue received of $90,000

b. Cash operating expenses paid of $45,000

c. Depreciation expense on tax return of $10,000

d. Interest expense paid of $5,000

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Financial & Managerial Accounting For Undergraduates

ISBN: 9781618533104

2nd Edition

Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews

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