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The Moore Corporation has operating income (EBIT) of $500,000. Its depreciation expense is $200,000. Moore is 100% equity financed. The federal tax rate is 21%
The Moore Corporation has operating income (EBIT) of $500,000. Its depreciation expense is $200,000. Moore is 100% equity financed. The federal tax rate is 21% (ignore any possible state corporate taxes). What is the companys net income? What is its net cash flow? please complete on excel with formulas
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