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Basic Problems Assume a corporation has earnings before depreciation and taxes of $ 9 0 , 0 0 0 , depreciation of $ 4 0

Basic Problems
Assume a corporation has earnings before depreciation and taxes of $90,000, depreciation of $40,000, and a 25 percent tax bracket. Compute its cash flow using the following format:
Earnings before depreciation and taxes
Depreciation
Earnings before taxes
Taxes @ 25%
Earnings after taxes
Depreciation
Cash flow
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