Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assume a corporation has earnings before amortization and taxes (EBAT) of $113,000 and amortization of $40,000, and it has a 30 percent tax rate. Compute
Assume a corporation has earnings before amortization and taxes (EBAT) of $113,000 and amortization of $40,000, and it has a 30 percent tax rate.
Compute its cash flow. (Input all answers as positive values.)
Earnings before amortization and taxes | $ | |
Amortization | ||
Earnings before taxes | $ | |
Taxes @ 30% | ||
Earnings after taxes | $ | |
Amortization | ||
Cash flow | $ | |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started