Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Solve this question general accounting

Jenkins plans to generate $650,000 of sales revenue if a
capital project is implemented. Assuming a 30% tax rate,
the sales revenue should be reflected in the analysis by:
a. $195,000 inflow.
b. $195,000 outflow.
c. $455,000 inflow.
d. $455,000 outflow.
e. $650,000 inflow.
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Transcribed Image Text:Jenkins plans to generate $650,000 of sales revenue if a capital project is implemented. Assuming a 30% tax rate, the sales revenue should be reflected in the analysis by: a. $195,000 inflow. b. $195,000 outflow. c. $455,000 inflow. d. $455,000 outflow. e. $650,000 inflow.
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College