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
$81,000
$401,000
$201,000
Cash operating expenses paid
44,550
260,650
120,600
Depreciation on tax return
12,150
40,100
20,100
Income tax rate
30%
40%
20%
Do not use negative signs with any of your answers below.
A
B
C
Cash revenue
Cash outlays:
Operating expenses
Income taxes
Total cash outlays
Net after-tax cash flow
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