Multiple Choice
Tyson Company has a pre-tax net cash inflow of $1,200,000. The company can claim depreciation expense of $500,000 this year, and is subject to a combined income tax rate of 26%. What is the after-tax cash inflow for the year?
A) $700,000.
B) $1,018,000.
C) $182,000.
D) $370,000.
E) $1,200,000.
Correct Answer:
Verified
Correct Answer:
Verified
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