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A firm in the 40 percent tax bracket conglers buying new equipment. While this investment would increase annual revenues by $100, also it would raise

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A firm in the 40 percent tax bracket conglers buying new equipment. While this investment would increase annual revenues by $100, also it would raise annual cash operating expenses by $40. Furthermore, the deprdciation expense would go up by $20 per year. What is the resulting annual incremental after-tax operating cash flow? 324 320 $44 $40

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