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The Moore Corporation has operating income (EBIT) of $300,000. The company's depreciation expense is $150,000. Moore is 100% equity financed, and it faces a 35%
The Moore Corporation has operating income (EBIT) of $300,000. The company's depreciation expense is $150,000. Moore is 100% equity financed, and it faces a 35% tax rate. What is the company's net income? What is its net cash flow?
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