Solved

The Ambitz Corporation Has an Annual Cash Inflow from Operations

Question 95

Multiple Choice

The Ambitz Corporation has an annual cash inflow from operations from its investment in a capital asset of $44,000 (excluding the deprecation) each year for seven years. The corporation's income tax rate is 35%. Calculate the total after-tax cash inflow from operations for seven years.


A) $308,000
B) $308,002
C) $200,200
D) $44,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions