After-tax net cash outflow for the expenses
Question: A company had tax-deductible cash expenses of $650,000 last year and the tax rate was 30%. The after-tax net cash outflow for these expenses was:
A) $195,000. C) $650,000.B) $455,000. D) $390,000.
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A company had tax-deductible cash expenses of $650,000 last year and the tax rate was 30%. The after-tax net cash outflow for these expenses was:
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