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中了张 · 2020年03月10日

问一道题:NO.PZ2018101501000012

问题如下:

Company M is investing $150 in a project which will be depreciated straight-line to zero over two years. The project will generate earnings before interest and taxes of $75 annually. The company is in the 25% tax bracket. What`s the after-tax operating cash flows?

选项:

A.

$56.25

B.

$93.75

C.

$131.25

解释:

C is correct.

考点:Cash Flow Projections: Expansion Project

解析:根据公式CF = (S – C – D)(1 – T) + D = EBIT*(1-T) + D = 75(1 – 0.25)+75 = $131.25

您好,after tax operating cash flow与计算Economic income时用的ATCF的区别是啥呢?

1 个答案

Debrah_品职答疑助手 · 2020年03月11日

同学你好。二者是一样的。都是EBIT(1-T)+D。