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Assume a firm has EBAT of $660,000, and no amortization. It is in a 30 percent tax bracket. a. Compute lts cash flow. Cash flow
Assume a firm has EBAT of $660,000, and no amortization. It is in a 30 percent tax bracket. a. Compute lts cash flow. Cash flow b. Assume it has $660,000 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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Analysis For Financial Management
Authors: Robert Higgins
7th Edition
0072863641, 9780072863642
