Solve it correctly please. I will rate accordingly. 17. Gross income$450,000; Expenses $200,000; Loan Payment = $23,740; Loan Interest Paid $6,000; Depreciation =%3D$50,000; tax rate 21%. The after-tax cash flow is closest toa) $185,520b) $179,520c) $40,740d) S205,500e) $176,260f) S189,245g) $203,845

Gross income = $ 450,000 Expenses = $ 200,000 Loan payment = $ 23,740 Loan interest paid = $ 6,000…

17. Gross income $450,0003; Expenses $200,000; Loan Payment = $23,740; Loan Interest Paid $6,000; Depreciation = $50,000; tax rate 21%. The after-tax cash flow is closest to %3D a) $185,520 b) $179,520 c) $40,740 d) $205,500 e) $176,260 f) $189,245 g) $203,845

17. Gross income $450,0003; Expenses $200,000; Loan Payment = $23,740; Loan Interest Paid $6,000; Depreciation = $50,000; tax rate 21%. The after-tax cash flow is closest to %3D a) $185,520 b) $179,520 c) $40,740 d) $205,500 e) $176,260 f) $189,245 g) $203,845

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 4P: Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had...

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Question

Solve it correctly please. I will rate accordingly.

17. Gross income
$450,000; Expenses $200,000; Loan Payment = $23,740; Loan Interest Paid $6,000; Depreciation =
%3D
$50,000; tax rate 21%. The after-tax cash flow is closest to
a) $185,520
b) $179,520
c) $40,740
d) S205,500
e) $176,260
f) S189,245
g) $203,845

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