Question
A project has the following cash in and out flows in its first year: Income generated: R100 000 Cost of sales R30 000 Depreciation R10
A project has the following cash in and out flows in its first year:
Income generated: R100 000
Cost of sales R30 000
Depreciation R10 000
What would the tax payable for the first year of the project be if the tax rate is 27%?
a. R16 200
b. R17 900
c. R18 200
d. R30 000
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Beginner Day Trader Market Timing Bible
Authors: Joe Valuta
1st Edition
1542456142, 978-1542456142
