Tyson Company has a pre-tax net cash inflow of $1,200,000. The company can claim depreciation expense of $800,000 this year, and is subject to a combined income tax rate of 24%. What is the after-tax cash inflow for the year?
$1,104,000.
$456,000.
$1,200,000.
$400,000.
$96,000.
Dear student, I kindly request you to please provide me with a like if you are satisfied with my presentation. It will be a great encouragement for me from your side. Thank you & All the best..!
Get Answers For Free
Most questions answered within 1 hours.