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Assume a corporation has earnings before amortization and taxes of $82,000, amortization of $45,000, and that it has a 30 percent tax bracket. What are

Assume a corporation has earnings before amortization and taxes of $82,000, amortization of $45,000, and that it has a 30 percent tax bracket. What are the after-tax cash flows for the company?

Multiple Choice

  • $70,900

  • $82,000

  • $42,000

  • $37,000

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