Question
Assume a firm has earnings before depreciation and taxes of $510,000 and depreciation of $210,000. a. If it is in a 40 percent tax bracket,
Assume a firm has earnings before depreciation and taxes of $510,000 and depreciation of $210,000.
a. If it is in a 40 percent tax bracket, compute its cash flow.
b.If it is in a 25 percent tax bracket, compute its cash flow.
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Essentials Of Real Estate Finance
Authors: David Sirota
11th Edition
1419520911, 9781419520914
