All sales were cash sales and all expenses were cash


Question - The Moab Corporation had sales of $480,000 and expenses of $214,000 last year. All sales were cash sales and all expenses were cash expenses. Moab Corporation's tax rate is 30%. Find the after-tax net cash inflow at Moab last year.

A. $336,000

B. $79,800

C. $64,200

D. $186,200

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Accounting Basics: All sales were cash sales and all expenses were cash
Reference No:- TGS02382212

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