Business, 29.04.2021 22:20 glitch14

Last year, a company's gross income was $118,000, expenses (not including depreciation) were $27,000, and the depreciation allowance was $7,000. If federal income taxes are 21%, state income taxes are 6%, and local income taxes are 1%, what is the After Tax Cash Flow (ATCF) for that year

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Last year, a company's gross income was $118,000, expenses (not including depreciation) were $27,000...