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Problem 3 (20 points) See Table 1 showing financial statement data and stock price data for MyNature Corp. Suppose MyNature had purchased additional equipment for
Problem 3 (20 points) See Table 1 showing financial statement data and stock price data for MyNature Corp. Suppose MyNature had purchased additional equipment for $12 million at the end of 2013, and this equipment was depreciated by $4 million per year in 2014, 2015, and 2016. Given MyNature's tax rate of 35%, what impact would this additional purchase have had on MyNature's net income in years 2013-2016? 2013 2014 2015 2016 EBITDA Minus new depreciation expense New EBIT Minus interest income New pretax income Minus taxes New Net Income
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