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Assume a firm has EBAT of $600,000, and no amortization. It is in a 30 percent tax bracket. a. Compute its cash flow. Cash
Assume a firm has EBAT of $600,000, and no amortization. It is in a 30 percent tax bracket. a. Compute its cash flow. Cash flow $ b. Assume it has $600,000 in amortization. Recompute its cash flow. Cash flow c. How large a cash flow benefit did the amortization provide? Benefit in cash flow $
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
