If revenue is $120,000, expenses $70,000 including $10,000 depreciation, and the tax rate is 30%, the cash flow after taxes equals $______.

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Study for the Accounting for Planning and Control Test 1. Review key concepts with flashcards and multiple choice questions that include hints and explanations. Ace your exam confidently!

Multiple Choice

If revenue is $120,000, expenses $70,000 including $10,000 depreciation, and the tax rate is 30%, the cash flow after taxes equals $______.

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