(Appendix 8C)A Company Anticipates Incremental Net Income (I

question 71

Multiple Choice

(Appendix 8C) A company anticipates incremental net income (i.e. , incremental taxable income) of $50, 000 in year 4 of a project.The company's tax rate is 30% and its after-tax discount rate is 12%.The present value of this future cash flow is closest to:

• A)$22, 260
• B)$35, 000
• C)$9, 533
• D)$15, 000

---

Definitions:

Deficient

Lacking in some necessary quality or element; not having enough of a specified quality.

Personality Predicts

The notion that individual personality traits can forecast future behaviors, preferences, and life outcomes.

Experiences

Events or occurrences that leave an impression on someone, contributing to their knowledge or understanding.

Self-Esteem

An individual's subjective evaluation of their own worth or abilities.