1. Assume a corporation has earnings before depreciation and taxes of $90,000, and depreciation of $40,000, and...
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1. Assume a corporation has earnings before depreciation and taxes of $90,000, and depreciation of $40,000, and that it has a 30 percent tax bracket. Compute its cash flow using the format below.
Earnings before depreciation and taxes -------------
Depreciation -------------
Earnings before taxes -------------
Taxes @ 30% -------------
Earnings after taxes -------------
Depreciation -------------
Cash flow -------------
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Foundations Of Financial Management
ISBN: 9780073382388
13th Edition
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
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