Solution-A company anticipates a taxable cash expense of

A company anticipates a taxable cash expense of 70000 in

Reference no: EM13567159

A company anticipates a taxable cash expense of $70,000 in year 2 of a project. The company"s tax rate is 30% and its discount rate is 10%. The present value of this future cash flow is closest to:

A) $(40,496)

B) $(17,355)

C) $(21,000)

D) $(49,000)

Reference no: EM13567159

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A company anticipates a taxable cash expense of 70000 in

Reference no: EM13567159

Reference no: EM13567159

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