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Moon Lighting Company is unlevered with 2 million shares outstanding and total cash flow before taxes of $725,000. Compute Moons taxes owed, net income after
Moon Lighting Company is unlevered with 2 million shares outstanding and total cash flow before taxes of $725,000. Compute Moons taxes owed, net income after tax, and after-tax equity earnings per share if all corporate income is taxed at 34 percent. Show work.
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