For a Given Income Tax Rate, T, After-Tax Cash Operating

For a given income tax rate, t, after-tax cash operating receipts are calculated as follows:

A) Taxable cash receipts times (1 − t) .
B) Taxable cash receipts times t.
C) Taxable cash receipts times (1 + t) .
D) Taxable cash receipts divided by (1 − t) .
E) Taxable cash receipts divided by t.