Explain tax net cash inflow


Last year the sales at Jersey Company were $190,000 and were all cash sales. The expenses at Jersey were $104,000 and were all cash expenses. The tax rate was 31%. The after-tax net cash inflow at Jersey last year from these operations was?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Explain tax net cash inflow
Reference No:- TGS0700125

Expected delivery within 24 Hours