Question: In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $723,174 and its depreciation expense is expected
In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $723,174 and its depreciation expense is expected to be $47,292. If the companys tax rate is 40%, what is the projects expected net operating profit after taxes for the year?
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