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The Moab Corporation had sales of $300,000 and expenses of $175,000 last year. All sales were cash sales and all expenses were cash expenses. Moab
The Moab Corporation had sales of $300,000 and expenses of $175,000 last year. All sales were cash sales and all expenses were cash expenses. Moab Corporation's tax rate is 30 percent. How much was the after-tax net cash inflow at Moab last year? a) $87,500. b) $210,000. c) $52,500. d) $37,500
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