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Amazing Brentwood Inc. bought a long-term asset for $100,000. The asset has a 30% CLA Pate. At the end of year 3, the mo
Amazing Brentwood Inc. bought a long-term asset for $100,000. The asset has a 30% CLA Pate. At the end of year 3, the mo for 25% of its original value. In the year 2018, the firm just paid $420 in dividends and $611 in interest expense. The addition to retained earnings is $397.74 and net new equity is $750. The tax rate is 34 percent. Sales are $6,250 and depreciation is $710. 1. Given this information, determine the value of the terminal loss or recapture at the end of year 5. 2. What are the earnings before interest and taxes in the year 2018? 3. What is the after-tax net profit for the year 2018? tal accotr of the firm are $45 000. The firm also plans to
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