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Assume a firm has earnings before depreciation and taxes of $470,000 and depreciation of $170,000. if it is an 35 percent tax bracket , compute

Assume a firm has earnings before depreciation and taxes of $470,000 and depreciation of $170,000.

  1. if it is an 35 percent tax bracket , compute its cash flow.
  2. if its in a 20 percent tax bracket , compute its cash flow .

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