Question
An investment project is expected to have the following values (all in millions of $s) in the first year: Sales revenue: $50 Costs: $10 Depreciation:
An investment project is expected to have the following values (all in millions of $s) in the first year:
Sales revenue: $50
Costs: $10
Depreciation: $12
If the tax rate is 30 percent, what is the after-tax operating cash flow?
| a)$48.4 million | ||
| b) | $19.6 million | |
| c) | $31.6 million | |
| d) | $28 million |
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
