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18) Assume that Javier Corporation has operating income of $17,500,000 and it receives $750,000 in interest income and $800,000 in dividend income. Assume that the

18) Assume that Javier Corporation has operating income of $17,500,000 and it receives $750,000 in interest income and $800,000 in dividend income. Assume that the firm pays a flat 40% income tax rate. What is the firm's income tax liability? Select one: a. $7,396,000 b. $7,300,000 c. none of the above d. $7,620,000

19) If the total cash flows = 22,000 and the cash flow at the end of the period = 200,000 then the cash flow at the beginning of the period equals :- Select one: a. 222,000 b. 178,000 c. None of the above d. 420,000

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