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Business, 16.04.2021 01:00 jadejordan8888
Superstition Industries has a $2,000,000 asset investment and is subject to a 30% income tax rate. Cash inflows from the project are expected to average $400,000 before tax over the next few years; in contrast, average income before tax is anticipated to be $350,000. The company's after-tax accounting rate of return on this investment is:
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Superstition Industries has a $2,000,000 asset investment and is subject to a 30% income tax rate. C...
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