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

Determine the effect of production and sales volumes on financial performance under different costing methods.

Calculate unit product cost under absorption costing.

Understand and calculate segment margin and its role in evaluating divisional performance.

Analyze the impact of common fixed expenses on net operating income.

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