Assume a corporation has earnings before depreciation and taxes of $105,000, depreciation of $45,000, and that it
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Assume a corporation has earnings before depreciation and taxes of $105,000, depreciation of $45,000, and that it has a 35 percent tax bracket. What are the after-tax cash flows for the company?
$87,800
$88,600
$78,800
$84,000
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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