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Mountaineer Transportation, Inc

Question 21

Essay

Mountaineer Transportation, Inc. had the following information at the end of the year. For an effective federal tax of 38% and state income tax of 7.5% per year, determine the company's BTCF, ATCF, and NOPAT for the year.
Total Revenues $550,000 Operating Expenses $130,000 Depreciation $111,000

Correct Answer:

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BTCF = $420,000.00
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