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Assume a corporation has earnings before depreciation and taxes of $145,000, depreciation of $30,000, and that it has a 40% combined tax bracket. What are

Assume a corporation has earnings before depreciation and taxes of $145,000, depreciation of $30,000, and that it has a 40% combined tax bracket. What are the after-tax cash flows for the company?

Multiple Choice

  • $99,000

  • $93,800

  • $103,600

  • $102,800

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