Question
Assume a corporation has earnings before depreciation and taxes of $102,000, depreciation of $40,000 and that it is in a 35 percent tax bracket. Compute
Assume a corporation has earnings before depreciation and taxes of $102,000, depreciation of $40,000 and that it is in a 35 percent tax bracket. Compute its cash flow using the following format.
Earnings before depreciation and taxes
Depreciation
Earnings before taxes- $0
Taxes
Earnings after taxes- $0
Depreciation
Cash flow- $0
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
