Last year, the sales at Jersey Company were $200,000 and were all cash sales. The tax-deductible expenses at Jersey were $125,000 and were all cash expenses. The tax rate was 30%. What was the after-tax net cash inflow at Jersey last year from these operations?

Answer rating: 100% (QA)

After accounting for taxesthe net cash inflow for Jersey Company last yea... View the full answer