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QUESTION 1 1. The KBC Corporation had operating income (EBIT) of RM750,000 and depreciation expenses of RM200,000. It is 100% equity financed (no debt), &

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QUESTION 1 1. The KBC Corporation had operating income (EBIT) of RM750,000 and depreciation expenses of RM200,000. It is 100% equity financed (no debt), & its corporate tax rate is 40%. The firm had no amortization expense. What are net income, net cash flow, & operating cash flow? 11. What is free cash flow? If you were an investor, why might you be more interested in free cash flow than net income

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