Last Year,a Firm Had Taxable Cash Receipts of $800,000,and the Tax

question 175

Multiple Choice

Last year,a firm had taxable cash receipts of $800,000,and the tax rate was 30%.What was the after-tax net cash inflow from these receipts?

• A) $240,000.
• B) $560,000.
• C) $640,000.
• D) $800,000.

---

Definitions:

Sampling Error

The difference between a sample statistic and its corresponding population parameter, arising purely by chance because a sample is only part of the whole.

Sample Approximates

Estimates derived from a sample that are used to infer characteristics of the overall population.

Research Hypotheses

Statements made by researchers that predict a relationship or difference between variables in a study.

Multiple Samples

The collection of two or more samples from different populations, which may be compared to each other in statistical analysis.