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(EBIT) of $2,250,000. The company's depreciation expense is $450,000, its interest expense is $120,000, and it faces a 40% tax rate. Assume the firm has
(EBIT) of $2,250,000. The company's depreciation expense is $450,000, its interest expense is $120,000, and it faces a 40% tax rate. Assume the firm has no amortization expense. What is its net cash flow?
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