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Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $190; expenses other than depreciation, $80;
Calculate the net after-tax cash flow effect of the following information using both the indirect and direct methods: sales, $190; expenses other than depreciation, $80; depreciation expense, $30; marginal income tax rate, 38%. (Round your answers to 2 decimal places.)
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