After-Tax Cash Operating Flows Are Equal to

question 85

Multiple Choice

After-tax cash operating flows are equal to

• A)(one minus the tax rate)times (net income).
• B)(one minus the tax rate)times (operating income)plus CCA.
• C)(one minus the tax rate)times (sales less costs excluding CCA).
• D)sales less (one minus the tax rate)times (cash costs).
• E)(one minus the tax rate)times (sales less costs including CCA).

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Definitions:

Industrially Advanced

Describes countries, regions, or businesses that have highly developed and sophisticated manufacturing capabilities and technologies.

Mutually Beneficial Trade

Trade agreements between parties that provide gains or advantages to all involved, enhancing each party's welfare.

Relative Cheaper

The comparison of the cost of one product or service to another, indicating that the former is less expensive.

Labor-Intensive

Describing a process or industry that requires a large amount of labor to produce its goods or services.