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Business, 25.12.2019 18:31 chant9

Assume a firm has earnings before depreciation and taxes of $620,000 and no depreciation. it is in a 40 percent tax bracket.

a. compute its cash flow.
b. assume it has $620,000 in depreciation. recompute its cash flow.
c. how large a cash flow benefit did the depreciation provide

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Assume a firm has earnings before depreciation and taxes of $620,000 and no depreciation. it is in a...
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