If the Tax Rate Is 40 Per Cent and a Company

question 9

Multiple Choice

If the tax rate is 40 per cent and a company has pre-tax cash inflows from operations of £600,000, the company's after-tax net cash inflow from operations would be

• A)£396,000.
• B)£360,000.
• C)£240,000.
• D)£204,000.