Multiple Choice
The after-tax benefit of a taxable cash receipt can be calculated as follows:
A) After-tax benefit = Pretax receipt * Tax rate
B) After-tax benefit = Pretax receipt *(1 - Tax rate)
C) After-tax benefit = Pretax receipt * (1 + Tax rate)
D) After-tax benefit = Pretax receipt / Tax rate
Correct Answer:
Verified
Correct Answer:
Verified
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