Find after-tax net cash inflow if expenses were cash expense


The Moline Company had sales of $400,000 and expenses of $185,000 last year. All sales were cash sales and all expenses were cash expenses. Moline"s tax rate is 30%. The after-tax net cash inflow was:

A) $64,500

B) $150,500

C) $280,000

D) $55,500

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Finance Basics: Find after-tax net cash inflow if expenses were cash expense
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