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East Ridge Company is considering a capitat project that delivers a $51,000 annual net coah...

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Accounting

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East Ridge Company is considering a capitat project that delivers a $51,000 annual net coah inflow before depreciation and before tax. The investment will result in annual depreciation expense of S10,400 over the project's four year useful life. Assuming a tax rate of 40%, what amount of annual atter to net cash flow will be provided by this project? Multiple Choice $24360 534760 O $16.240 $40.000

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