Question: anyone can help with this Thanks Question 2 (1 point) Your local corner store has sales of $5,000 and a tax rate of 30%. Just
anyone can help with this
Thanks
Question 2 (1 point) Your local corner store has sales of $5,000 and a tax rate of 30%. Just before publishing the annual report, they realize they need to correct the depreciation expense of the beverage equipment from $700 to $900. Assume that the depreciation expense is fully tax-deductible. Calculate the impact of the new adjustment on net cash from operating activities and EBITDA. Cash from operating activities up $200, EBITDA up $200 Cash from operating activities down $60, EBITDA unchanged Cash from operating activities down $60, EBITDA down $200 Cash from operating activities up $60, EBITDA unchanged
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