Assume a firm has earnings before depreciation and taxes of $440,000 and depreciation of $140,000. a. If

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Assume a firm has earnings before depreciation and taxes of $440,000 and depreciation of $140,000.
a. If it is in a 35 percent tax bracket, compute its cash flow.
b. If it is in a 20 percent tax bracket, compute its cash flow.

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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