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Crossword Company is studying a capital project that will produce $740,000 of added sales revenue, $540,000 of additional cash operating expenses, and $64,000 of depreciation.
Crossword Company is studying a capital project that will produce $740,000 of added sales revenue, $540,000 of additional cash operating expenses, and $64,000 of depreciation. Assuming a 40% income tax rate, the company's after-tax cash inflow (outflow) is:
$81,600.
$169,600.
$145,600.
$233,600.
None of these.
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