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    Managerial Accounting Study Set 13
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    Exam 32: Income Taxes in Capital Budgeting Decisions
  5. Question
    If a Company Operates at a Profit, the After-Tax Cost
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If a Company Operates at a Profit, the After-Tax Cost

Question 9

Question 9

True/False

If a company operates at a profit, the after-tax cost of a tax-deductible cash expense is determined by multiplying the cash expense by one minus the tax rate.

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