Question
Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $220; expenses other than depreciation,
Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $220; expenses other than depreciation, $110; depreciation expense, $60; marginal income tax rate, 33%. (Round your answers to 2 decimal places.) Indirect Method: Pre-tax Income After-tax Income After-tax cash flow Direct Method: After-tax cash operating income After-tax cash flow
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Project Finance in Theory and Practice
Authors: Stefano Gatti
2nd edition
978-9382291589, 123919460, 978-0124157538, 978-0123919465
