Gross income 360 depreciation expense 81 tax rate 40 after


Question - Gross income $360, depreciation expense $81, TAX RATE 40%, after tax cost of capital 9%, operating income $30, interest expenses $8, current assets $ 196, net plant and equipment $ 126, current liabilities $ 87, What was net income for the period? What was the company's net operating profit after tax? What was the company's operating cash flows? What was company's net cash flow?

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Accounting Basics: Gross income 360 depreciation expense 81 tax rate 40 after
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