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The Boone corporation has operating income of 950,000$ . Boone Corp is 100 percent equity financed and it faces marginal tax rate of 35% .assume

The Boone corporation has operating income of 950,000$ . Boone Corp is 100 percent equity financed and it faces marginal tax rate of 35% .assume that the firm has no amortization expense . The company s earning before taxes are and its net income is

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