Question: 12. You are given the following data for year 1: Revenues = 100; fixed costs = 30; total variable costs = 50; depreciation = $10;
12. You are given the following data for year 1: Revenues = 100; fixed costs = 30; total variable costs = 50; depreciation = $10; tax rate = 30 percent. Calculate the after-tax cash flow for the project for year 1. A. $17 B. $13 C. $10 D. $7
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