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18 Assume a corporation has earnings before depreciation and taxes of $120,000, depreciation of $25,000, and that it has a 35 percent tax bracket. What
18 Assume a corporation has earnings before depreciation and taxes of $120,000, depreciation of $25,000, and that it has a 35 percent tax bracket. What are the after-tax cash flows for the company? $81,550 $91,350 $86,750 $90,550
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