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Randall Buff Enterprise (RBE) has a project where the NPV is break-even if the FCF is $180,000. If the marginal tax rate is 23%, depreciation
Randall Buff Enterprise (RBE) has a project where the NPV is break-even if the FCF is $180,000. If the marginal tax rate is 23%, depreciation expense is $40,000, and fixed costs are $120,000, what is the gross profit? Assume there is no interest expense and change in NWC.
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