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Assume a firm has earnings before depreciation and taxes of $400,000 and depreciation of $100,000. a. If it is in a 35 percent tax bracket,

Assume a firm has earnings before depreciation and taxes of $400,000 and depreciation of $100,000. a. If it is in a 35 percent tax bracket, compute its cash flow Cash flow b. If it is in a 20 percent tax bracket, compute its cash flow. Cash flow

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