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A company had tax-deductible cash expenses of $650,000 last year, and the tax rate was 30%. What was the after-tax net cash outflow for these
A company had tax-deductible cash expenses of $650,000 last year, and the tax rate was 30%. What was the after-tax net cash outflow for these expenses?
Select one:
a. $390,000.
b. $455,000.
c. $195,000.
d. $650,000.
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