Newfangled Dangle Systems had earnings after tax of $1,000,000 last year. Included in its expenses were...
Newfangled Dangle Systems had earnings after tax of $1,000,000 last year. Included in its expenses were $50,000 of interest, $100,000 of deferred taxes, and $150,000 of depreciation. In addition, the company paid dividends of $200,000 to its stockholders last year. What was Newfangled’s aftertax cash flow last year?
Homework Answers
Newfangled’s aftertax cash flow last year = $1,000,000 + $150,000 + $100,000 = $1,250,000
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