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The Berndt Corporation expects to have sales of $11 million. Costs other than depreciation are expected to be 70% of sales, and depreciation is expected
The Berndt Corporation expects to have sales of $11 million. Costs other than depreciation are expected to be 70% of sales, and depreciation is expected to be $1.65 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Brendt's federal-plus-state tax rate is 40%. Berndt has no debt. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
Ereal Online Structured Actlyty: [ncome and Cach Flow Analysis the sprosdshact ard peitarm the required analyals to arawer the quest ons telow. Coan spresidanat ncscsit coin. dellardeller: d. If this were your enmpary, would you profer Congress to cause your depoelatian experse to he daubled on halveoStep by Step Solution
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