Last Year Curative Technologies Inc

question 70

Multiple Choice

Last year Curative Technologies Inc.reported earnings after-tax of $23 million.Included in the expenses were depreciation of $3.7 million and interest expenses of $2.9 million.The year-end balance sheets shows an increase in deferred taxes of $2.6 million to a total of $14.2 million.What is Curative Technologies' after­tax cash flow for last year? Assume a marginal tax rate of 40%.

• A)$20.1 million
• B)$32.2 million
• C)$29.3 million
• D)$26.4 million

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Definitions:

Objective Function

A mathematical function that represents the goal or objective of an optimization problem, typically to maximize or minimize some quantity.

Linear Equation

An algebraic equation that represents a straight line, typically in the form y = mx + c, where m is the slope and c is the y-intercept.

Graphical Method

A visual representation technique, often used in operations research and management to solve linear programming problems and analyze data.

Maximizing Problems

Issues or scenarios in optimization where the goal is to find the maximum value of a function subject to certain constraints, often encountered in mathematics and economics.