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Business, 12.12.2019 03:31 lovly8914

East ridge company is considering a capital project that delivers a $50,000 annual net cash flow before tax. the investment will result in annual depreciation expense of $10,000 over the project's four-year useful life. assuming a tax rate of 40%, what amount of annual after-tax net cash flow will be provided by this project? a. $40,000 b. $16,000 c. $24,000 d. $34,000

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