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This year a certain investment project generated revenue of $250,000. Other expenses (excluding depreciation and interest expense) totalled $170,000. Depreciation expense was $60,000 and interest
This year a certain investment project generated revenue of $250,000. Other expenses (excluding depreciation and interest expense) totalled $170,000. Depreciation expense was $60,000 and interest expense was $10,000. The firm faces a tax rate of 21%. What is the project's after-tax operating cash flow this year? Select one: a. $81,625 b. $129,000 c. $89,500 d. $75,800
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