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EBITDA as reported on the company's most recent financial statements: $2,100,000 Sustaining capital reinvestment: $450,000 PV of CCA tax shield on sustaining capital investment: $75,000
EBITDA as reported on the company's most recent financial statements: $2,100,000 Sustaining capital reinvestment: $450,000 PV of CCA tax shield on sustaining capital investment: $75,000 Marketable securities: 70% represents redundant assets; earned investment income of $50,000 WACC: 9% Income tax rate: 25% The company's growth rate in perpetuity is expected to be 2%. What is the company's capitalized discretionary cash flows?
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To calculate the companys capitalized discretionary cash flows we need to consider the EBITDA sustai...
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
