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Coulter Company is studying a capital project that will produce $680,000 of added sales revenue, $510,000 of additional cash operating expenses, and $61,000 of depreciation.
Coulter Company is studying a capital project that will produce $680,000 of added sales revenue, $510,000 of additional cash operating expenses, and $61,000 of depreciation. Assuming a 40% income tax rate, the company's after-tax cash inflow (outflow) is:
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
