After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash...
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Accounting
After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash flow amount by subtracting cash outlays for operating expenses and income taxes from cash revenue. The cash outlay for income taxes is determined by applying the income tax rate to the cash revenue received less the cash and noncash (depreciation) expenses.
A
B
C
Cash revenue received
$78,000
$398,000
$198,000
Cash operating expenses paid
42,900
258,700
118,800
Depreciation on tax return
11,700
39,800
19,800
Income tax rate
30%
40%
20%
Do not use negative signs with any of your answers below.
A
B
C
Cash revenue
Answer
Answer
Answer
Cash outlays:
Operating expenses
Answer
Answer
Answer
Income taxes
Answer
Answer
Answer
Total cash outlays
Answer
Answer
Answer
Net after-tax cash flow
Answer
Answer
Answer
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