Ring Corporation uses a discount rate of 12% and has a tax rate of 30%.The following cash flows occur in the third year of an equipment selection investment project: The total after-tax present value of the cash flows is closest to:

Question

Ring Corporation uses a discount rate of 12% and has a tax rate of 30%.The following cash flows occur in the third year of an equipment selection investment project:  The total after-tax present value of the cash flows is closest to:

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The Answer of Ring Corporation uses a discount rate of 12% and has a tax rate of 30%.The following cash flows occur in the third year of an equipment selection investment project:  The total after-tax present value of the cash flows is closest to:

Ring Corporation Uses a Discount Rate of 12% and Has