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QUESTION

A firm has a project that is expected to generate annual revenue of $49900, while incurring an annual cost of $17800. The CCA is $46250 and the tax

A firm has a project that is expected to generate annual revenue of $49900, while incurring an annual cost of $17800. The CCA is $46250 and the tax rate is 40%. What is the after-tax cash flow?

$58060

$37760

$47160

$28960

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