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If the firm wants a 9 % after - tax rate of return and its combined incremental income tax rate is 2 4 % ,
If the firm wants a aftertax rate of return and its combined
incremental income tax rate is determine by annual cash flow
analysis whether the investment is desirable.
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The Business Credit Handbook
Authors: Mr. Reid A. Nunn
1st Edition
1500542725, 978-1500542726
