Question
You are given the following data for year 1: Revenues = 80, Fixed costs = 10; Total variable costs = 30; Depreciation = $10; Tax
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.
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
