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You are given the following data for year 1 : Revenues =80, Fixed costs =10 Total variable costs =30; Depreciation =$10; Tax rate =30% Calculate

You are given the following data for year 1 : Revenues =80, Fixed costs =10 Total variable costs =30; Depreciation =$10; Tax rate =30% Calculate the after-tax cash flow for the project for year 1 . A. $28 B. $31 C. $11 D. $21

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