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In the cash flow information for the Ping Kings project, Ping spent $300,000 for research and development of the golf clubs, Ping's tax rate is

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In the cash flow information for the Ping Kings project, Ping spent $300,000 for research and development of the golf clubs, Ping's tax rate is 40%. How much of this cost should be included in the initial (t 0) cash flow for this project? Oa, $120,000 b. $180,000 0 C, $300,000

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