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Saved exam Review Chapter 2 Problems i The Moore Enterprise has gross profit of $1,240,000 with amortization expense of $540,000. The Kipling Corporation has $1,240,000
Saved exam Review Chapter 2 Problems i The Moore Enterprise has gross profit of $1,240,000 with amortization expense of $540,000. The Kipling Corporation has $1,240,000 in gross profits but only $78,000 in amortization expense. The selling and administration expenses are $138,000; the same for each company If the tax rate is 20 percent, calculate the cash flow for each company Moore Kipling $ Cash flow $ Calculate the difference in cash flow between the two firms? Difference in cash flow $
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