This year a certain investment project generated revenue of $200,000.Other expenses (excluding depreciation and interest expense) totalled $100,000.Depreciation expense was $50,000 and interest expense was $10,000.The firm faces a tax rate of 21%.What is the project's after-tax operating cash flow this year?
A) $89,500
B) $81,600
C) $129,000
D) $79,000
Correct Answer:
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