Question
I am in the treacherous class, and I have studied the materials. While it gives me some equations that MAY be a part of getting
I am in the treacherous class, and I have studied the materials. While it gives me some equations that MAY be a part of getting to the answer, it doesn't say how to do the equation.
Here is my question:
2. If McCormick & Company decides to purchase the new factory in Largo, they need to consider relevent after-tax cash flow. McCormick & Company estimated their potential first-year sales revenue at $780,000, expenses at $225,000, and depreciation expense at $150,000. McCormick's marginal tax rate is 40 percent (21 percent federal and 19 percent state combined). What is first-year relative cash flow?
Can someone help me figure this out?
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