A company's cash flows for income taxes are normally affected by:

Name: A company's cash flows for income taxes are normally affected by:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A company's cash flows for income taxes are affected by all of these factors. Revenues and operating expenses affect the company's taxable income, while gains and losses on the sale of assets can result in taxable income or deductions. Overall, all of these factors can impact a company's income tax liability and therefore its cash flow.

A Company's Cash Flows for Income Taxes Are Normally Affected