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Course Content / Chapter 12 / HW12 Question 3 Partially correct Not graded Flag 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 received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate A B C $78,000 $398,000 $198,000 42,900 258,700 118,800 11,700 39,800 19,800 30% 40% 20% Do not use negative signs with any of your answers below. A B C Cash revenue $ 78,000 $ 398,000 $ 198,000 Cash outlays: Operating expenses 42,900✔ 258,700 x 118,800✓ Income taxes 7,020 ✓ 39,800 11,880 Total cash outlays 49,920✓ 298,500✓ 130,680 Net after-tax cash flow $ 28,080 $ 99,500 $ 67,320✓ Check 39°F Clear Search

Course Content / Chapter 12 / HW12 Question 3 Partially correct Not graded Flag 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 received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate A B C $78,000 $398,000 $198,000 42,900 258,700 118,800 11,700 39,800 19,800 30% 40% 20% Do not use negative signs with any of your answers below. A B C Cash revenue $ 78,000 $ 398,000 $ 198,000 Cash outlays: Operating expenses 42,900✔ 258,700 x 118,800✓ Income taxes 7,020 ✓ 39,800 11,880 Total cash outlays 49,920✓ 298,500✓ 130,680 Net after-tax cash flow $ 28,080 $ 99,500 $ 67,320✓ Check 39°F Clear Search

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.12E
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Course Content / Chapter 12 / HW12 Question 3 Partially correct Not graded Flag 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 received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate A B C $78,000 $398,000 $198,000 42,900 258,700 118,800 11,700 39,800 19,800 30% 40% 20% Do not use negative signs with any of your answers below. A B C Cash revenue $ 78,000 $ 398,000 $ 198,000 Cash outlays: Operating expenses 42,900✔ 258,700 x 118,800✓ Income taxes 7,020 ✓ 39,800 11,880 Total cash outlays 49,920✓ 298,500✓ 130,680 Net after-tax cash flow $ 28,080 $ 99,500 $ 67,320✓ Check 39°F Clear Search
Transcribed Image Text:Course Content / Chapter 12 / HW12 Question 3 Partially correct Not graded Flag 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 received less the cash and noncash (depreciation) expenses. Cash revenue received Cash operating expenses paid Depreciation on tax return Income tax rate A B C $78,000 $398,000 $198,000 42,900 258,700 118,800 11,700 39,800 19,800 30% 40% 20% Do not use negative signs with any of your answers below. A B C Cash revenue $ 78,000 $ 398,000 $ 198,000 Cash outlays: Operating expenses 42,900✔ 258,700 x 118,800✓ Income taxes 7,020 ✓ 39,800 11,880 Total cash outlays 49,920✓ 298,500✓ 130,680 Net after-tax cash flow $ 28,080 $ 99,500 $ 67,320✓ Check 39°F Clear Search
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