Multiple Choice
(Appendix 8C) A company anticipates incremental net income (i.e. , incremental taxable income) of $50, 000 in year 4 of a project.The company's tax rate is 30% and its after-tax discount rate is 12%.The present value of this future cash flow is closest to:
A) $22, 260
B) $35, 000
C) $9, 533
D) $15, 000
Correct Answer:

Verified
Correct Answer:
Verified
Q66: (Appendix 8C)Pont Corporation has provided the following
Q67: (Appendix 8C)Trammel Corporation is considering a capital
Q68: (Appendix 8C)Shinabery Corporation has provided the following
Q69: (Appendix 8C)Battaglia Corporation is considering a capital
Q70: (Appendix 8C)Pulkkinen Corporation has provided the following
Q72: (Appendix 8C)Brodigan Corporation has provided the following
Q73: (Appendix 8C)Credit Corporation has provided the following
Q74: (Appendix 8C)Zangari Corporation has provided the following
Q75: (Appendix 8C)Stack Corporation is considering a capital
Q76: (Appendix 8C)Lanfranco Corporation is considering a capital