克里斯汀 · 2021年09月03日
* 问题详情，请 查看题干
NO.PZ201601200500000602
问题如下：
2. McConachie’s incremental annual after-tax operating cash flow is closest to:
选项：
A.$116,000.
B.$124,000.
C.$140,000.
解释：
A is correct.
Depreciation will be $400,000/5 = $80,000 per year. The annual after-tax operating cash flow is
CF = (S – C – D)(1 – T) + D
= [0 – (–140,000) – 80,000](1 – 0.40) + 80,000 = $116,000
如题。
NO.PZ201601200500000602 $124,000. $140,000. A is correct. preciation will $400,000/5 = $80,000 per year. The annuafter-toperating cash flow is = (S – C – (1 – T) + = [0 – (–140,000) – 80,000](1 – 0.40) + 80,000 = $116,000 请问题目中说没有sales，为什么还需计算税后operating cash flow? 没有收益，应该不征税吧
这道题就点糊涂的地方，第一道题用的是Replacement capitproject的方法计算了intioutlay=-FCln-NWClv+[sal0-(sal0-B0)*T],那么OCF的时候未能么不用=（ΔS-ΔC)(1-T)+ΔT 呢？有点搞不清了，麻烦解答一下，谢谢！
p 为什么不是40万减去残值12万再除以5计算出来
