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Please show work so I can learn. Thank You. Suppose for some year the income of a small company is $110,000; the expenses are $65,000;
Please show work so I can learn. Thank You.
Suppose for some year the income of a small company is $110,000; the expenses are $65,000; the depreciation is $25,000; and the effective income tax rate = 40%. For this year, the ATCF is:
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