The Phenom Corporation has an annual cash inflow from operations from its investment in a capital asset of $50,000 for five years

ACCOUNTING

Multiple Choice

The Phenom Corporation has an annual cash inflow from operations from its investment in a capital asset of $50,000 for five years. The corporation's income tax rate is 40%. Calculate the five years total after-tax cash inflow from operations.

a. $250,000

b. $175,000

c. $150,000

d. $50,000

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