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Assume a project has earnings before amortization and taxes of $15,000, amortization of $25,000, and that the firm has a 30 percent tax bracket. What
Assume a project has earnings before amortization and taxes of $15,000, amortization of $25,000, and that the firm has a 30 percent tax bracket. What are the after-tax cash flows for the project?
A. $18,000
B. $19,000
C. A loss of $21,000
D. None of these
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