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Newfangled Dangle Systems Had Earnings After Tax of $1,000,000 Last

Question 33

Multiple Choice

Newfangled Dangle Systems had earnings after tax of $1,000,000 last year.Included in its expenses were $50,000 of interest, $100,000 of deferred taxes, and $150,000 of depreciation.In addition, the company paid dividends of $200,000 to its stockholders last year.What was Newfangled's after­tax cash flow last year?


A) $1,500,000
B) $1,300,000
C) $1,150,000
D) $1,250,000

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