Business
Business, 06.05.2020 04:00, unkn03n78

In the cash flow information for the Ping Kings project, Ping spent $300,000 for research and development of the golf clubs, Ping's tax rate is 40%. How much of this cost should be included in the initial (t 0) cash flow for this project?

a, $120,000
b. $180,000
c. $300,000
d. $0

answer
Answers: 3

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In the cash flow information for the Ping Kings project, Ping spent $300,000 for research and develo...

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