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Financial update as of June 15 - Your existing business generates $111,000 in EBIT. - The corporate tax rate applicable to your business is 25%.
Financial update as of June 15 - Your existing business generates $111,000 in EBIT. - The corporate tax rate applicable to your business is 25%. - The depreciation expense reported in the financial statements is $21,143, - You don't need to spend any money for new equipment in your existing cafes) however, you do need 516,650 of additional cash. - You also need to purchase 50,880 in additional supplies-such as tableciothes and napkins, and more formal tableware-on credit. - It is also estimated that your accruals, including taxes and wages payable, will increase by 55,550. Based on your evaluation you have in free cash flow. Based og vouf thimoson vea have in free cosin fook Can t cambany tuse hegrtive free couth fisw? Ties vert
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