(Answered) Last year the sales at seidelman company were 600000 and

Finance

Last year the sales at Seidelman Company were $600,000 and were all cash sales. The company"s expenses were $400,000 and were all cash expenses. The tax rate was 30%. The after-tax net cash inflow at Seidelman last year was:

A) $600,000

B) $200,000

C) $60,000

D) $140,000

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