Calculate the net after-tax cash flow effect of the following information using both the indirect and...
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Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $220; expenses other than depreciation, $110; depreciation expense, $60; marginal income tax rate, 33%. (Round your answers to 2 decimal places.) Indirect Method: Pre-tax Income After-tax Income After-tax cash flow Direct Method: After-tax cash operating income After-tax cash flow Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $220; expenses other than depreciation, $110; depreciation expense, $60; marginal income tax rate, 33%. (Round your answers to 2 decimal places.) Indirect Method: Pre-tax Income After-tax Income After-tax cash flow Direct Method: After-tax cash operating income After-tax cash flow
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Indirect Method Pretax Income Pretax Income Sales Expenses other than de... View the full answer
Related Book For
Cornerstones of Cost Management
ISBN: 978-1111824402
2nd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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