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A company has a tax rate of 20% and is considering an investment that will...

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Accounting

A company has a tax rate of 20% and is considering an investment that will yield cash revenues of $600,000 and cash expenses of $250,000 and depreciation of $90,000, and income tax expense of $52,000. What is the amount of net cash inflows for this investment
  • A. 350,000
  • B. 260,000
  • C. 298,000
  • D. 52,000

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