Triangle Systems had earnings after tax (EAT)of $1,000,000 last year. Included in its expenses were $50,000 of interest, $100,000 of deferred taxes (taxes that show up on the current year's income statement as expenses but aren't paid in cash in the current year), and $150,000 of depreciation. In addition, the company paid dividends of $200,000 to its stockholders last year. What was Triangle's net cash flow last year?
A)$1,500,000
B)$1,300,000
C)$1,150,000
D)$1,050,000

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The Answer of Triangle Systems had earnings after tax (EAT)of $1,000,000 last year. Included in its expenses were $50,000 of interest, $100,000 of deferred taxes (taxes that show up on the current year's income statement as expenses but aren't paid in cash in the current year), and $150,000 of depreciation. In addition, the company paid dividends of $200,000 to its stockholders last year. What was Triangle's net cash flow last year?
A)$1,500,000
B)$1,300,000
C)$1,150,000
D)$1,050,000

Triangle Systems Had Earnings After Tax (EAT)of $1,000,000 Last Year