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Bagus Co Had After-Tax Cash Flows Related to the Purchase of of Inventory

Question 111

Essay

Bagus Co. had after-tax cash flows related to the purchase of inventory of $130,000 for September.
What is the pre-tax cash flow relating to inventory purchases for the month, assuming a tax rate of 20%?

Correct Answer:

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After-tax cash outflow = Pre-t...

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