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Assume a corporation has earnings before depreciation and taxes of $85,000, depreciation of $45,000, and that it has a 30 percent tax bracket. What are
Assume a corporation has earnings before depreciation and taxes of $85,000, depreciation of $45,000, and that it has a 30 percent tax bracket. What are the after-tax cash flows for the company? Multiple Choice $73,000 $67,800 $77,600 $76,800
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