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EBC Corporation is considering a project worth P400,000 with a useful life of 5 years and no scrap value. The straight line methods of depreciation

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EBC Corporation is considering a project worth P400,000 with a useful life of 5 years and no scrap value. The straight line methods of depreciation will be applied. The required rate of return is 15% and the tax rate is 32 percent. A compilation of the relative data follows

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