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The Congo Corporation has operating income or earnings before interest and tax (EBIT) of S1.5 million. The company's depreciation expense is $400,000. Congo faces a

The Congo Corporation has operating income or earnings before interest and tax (EBIT) of S1.5 million. The company's depreciation expense is $400,000. Congo faces a 40 per cent tax rate. What is the company's net income? What is its net cash flow?

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