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I need help with these calculations, so i can learn how to do them myself. Thank you! Suppose a firm's tax rate is 31%. a.
I need help with these calculations, so i can learn how to do them myself. Thank you!
Suppose a firm's tax rate is 31%. a. What effect would a $5 million operating expense have on this year's earnings? What effect would it have on next year's earnings? b. What effect would a $5 million capital expense have on this year's earnings, if the capital is depreciated straightline over 5 years? What effect would it have on next year's earningsStep by Step Solution
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