Rework Problem 8 assuming that the earnings before interest and taxes are only $320,000 while capital expenditures

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Rework Problem 8 assuming that the earnings before interest and taxes are only $320,000 while capital expenditures (CAPEX) are $110,000. Assume the other information remains the same.

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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