Parmis spection 8 PARTIALSu Ch 2017 Data IntDoor Metal Roo

Parmis & spection 8 PARTIALSu Ch 2017 Data Int.Door Metal Roo Sheet for ...Selections Ch 26 Homework Check my werk 3 Suppose Concrete Suppliers inc sells one of its $155,000 concrete trucks, with an oniginal five-year economic lie at the end of year 3 aher saking three years of straight-ine depreciation Concrete Suppliers has a 40 percenaxse If the truck is sold for its book value there is no tax emect r concrete Suppliers sets the truck for more or less than its book value, there is a gan or loss that has a tax effect Assume Concrete Suppliers Inc hes assembled the following expected annual income staement data for each of its trucks Less Expenses (net of …reciation) nalye the above income stotement dens for expected cash fow effects each year Prey 3s Next >

Solution

Sales 150000 Operating expenses -70000 Cash flow before taxes 80000 Cash paid for taxes -18000 Net cash flow after taxes 62000