After-Tax Cash Flows For each of the following independent situations, compute t
ID: 2430026 • Letter: A
Question
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 recelved less the cash and noncash (depreciation) expenses Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate 92,000 $452,000 $222,000 56,000 317,000 147,000 14.000 32000 22.000 40% 30% 20% Do not use negative signs with any of your answers below. Cash revenue Cash outays Operating penses Income taxes Total cash ouclays Net after-cax cash 5ow Check Previous page Net pag EfExplanation / Answer
A B C Cash Revenue 92,000.00 452,000.00 222,000.00 Cash outlays: Operating Expenses 56,000.00 317,000.00 147,000.00 Income Taxes 8,800.00 30,900.00 10,600.00 Total Cash Outlays 64,800.00 347,900.00 157,600.00 Net after Tax Cash Flow 27,200.00 104,100.00 64,400.00 A B C Cash Revenue 92,000.00 452,000.00 222,000.00 Expenses: Operating Expenses 56,000.00 317,000.00 147,000.00 Depreciation 14,000.00 32,000.00 22,000.00 Total expenses 70,000.00 349,000.00 169,000.00 Net Income before Tax 22,000.00 103,000.00 53,000.00 Income Tax 8,800.00 30,900.00 10,600.00 Net Income 13,200.00 72,100.00 42,400.00