From a company's budget for next year, the operating profit before depreciation is estimated at NOK 100,000.
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From a company's budget for next year, the operating profit before depreciation is estimated at NOK 100,000. Depreciation is estimated at NOK 20,000, while interest is estimated at NOK 10,000 and installments will be NOK 40,000. The tax rate is 22%. What will next year's cash flow according to the equity method be?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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